AFX Protocol Hit With $24M Bridge Exploit | Bitcoin and Crypto News

AFX Protocol suffered a $24M exploit targeting its crosschain bridge, not the main Arbitrum infrastructure, as clarified by Offchain Labs. Attackers moved USDC to Ethereum and converted it into ETH, highlighting the risks in DeFi’s interconnected systems. Investigations are underway as users and the community brace for fallout from this third-party breach. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/da122f90d3e4ee3c