AFX Trade hacked for $24M as validator keys approve bridge drain
The Arbitrum bridge itself held, but five hot-validator signatures cleared the quorum on a third-party bridge and let the attacker walk away with the protocol's entire TVL.
Decentralized finance — DEXs, lending, yield strategies, on-chain derivatives, and tokenized real-world assets.
The Arbitrum bridge itself held, but five hot-validator signatures cleared the quorum on a third-party bridge and let the attacker walk away with the protocol's entire TVL.
The attacker bridged the stolen stablecoin to Ethereum and swapped into 12,467 ETH before the team could respond, a textbook cross-chain drain pattern.
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