AFX Protocol reportedly lost $24 million in a recent bridge exploit. Offchain Labs confirmed the incident affected a third-party protocol, ensuring Arbitrum’s core bridge infrastructure remained secure and untouched by the hack.
AFX Protocol recently suffered a significant security breach, reportedly losing $24 million due to a "bridge exploit." This type of attack targets a bridge, which is a tool allowing assets to move between different blockchain networks. Offchain Labs, the team behind Arbitrum, quickly clarified the situation. They stated that the exploit involved a separate, third-party protocol and did not impact Arbitrum’s own core bridge system. This means Arbitrum’s main infrastructure for moving assets between chains was safe and unaffected by the incident.
134.578 SRY