AFX Trade, a derivatives platform on Arbitrum, suffered a $24.15 million USDC theft due to a security breach in its proprietary bridge on July 22, 2026. The exploit drained nearly all funds locked in the bridge, but Arbitrum's native bridge remained secure. The stolen USDC was quickly converted to ETH and moved to an attacker-controlled address, complicating recovery. This incident highlights ongoing risks in DeFi bridge security and prompts calls for stronger audits and risk management in Layer-2 protocols.
Cryptocurrency prices are fluctuating with Bitcoin trading around $65,739, slightly down by 0.32%. Ethereum remains almost flat at $1,928.26, while some altcoins like HBAR and OKB show notable gains of 3.49% and 3.12%, respectively. The market shows ...
An attacker stole about $24 million USDC from Ostium, a decentralized exchange on Arbitrum, by compromising an oracle signer key, not by exploiting the Arbitrum bridge. The attacker manipulated future-dated price reports to generate fake profits, whi...
Hyperliquid recorded the largest net inflow of $462 million in weekly cross-chain liquidity, signaling increased user activity or capital positioning on its network. Meanwhile, Arbitrum experienced the largest net outflow of $527 million, indicating ...
Venice Token surged 4.52% to $11.91, topping the gainers chart due to its recent integration with a major decentralized finance platform. This development has boosted investor interest and market cap to $563.94 million. Meanwhile, other altcoins show...
