AFX Trade Hack Exposed Off-Chain Weakness | Bitcoin and Crypto News

Another massive crypto heist hits Arbitrum, draining AFX Trade of $24 million in USDC—not due to a flawed smart contract, but because five off-chain validator “hot keys” were compromised, allowing an attacker to fake approvals and swap the funds to Ethereum. This isn’t the first time off-chain keys have been the weak link, and it’s part of a troubling trend for Arbitrum-based protocols this quarter. The network itself is secure, but the incident underscores how critical third-party security is—even when the code is flawless. 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/a66097188e3590fa