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Attacker Drains $24M in USDC From AFX Bridge on Arbitrum

AFX Trade, a derivatives exchange that settles trades in USDC, was exploited for approximately $24.15 million on July 22 after an attacker targeted a bridge the protocol operates on Arbitrum, according to security firm B...

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Attacker Drains $24M in USDC From AFX Bridge on Arbitrum
AFX Trade, a derivatives exchange that settles trades in USDC, was exploited for approximately $24.15 million on July 22 after an attacker targeted a bridge the protocol operates on Arbitrum, according to security firm Blockaid. Blockaid said it detected the exploit at 21:30 UTC and published the... Read the full story at The Defiant

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USD Coin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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