AFX Bridge Hack on Arbitrum Drains $24.15M

Multiple cross-chain bridge exploits hit the AFX Protocol and Verus Protocol, draining about $24.15 million from AFX's bridge and $7.5 million from Verus, highlighting ongoing risks in cross-chain infrastructure on Arbitrum. Officials confirm the Arbitrum native bridge was not compromised; the breach originated from a third-party protocol, with attackers moving funds to Ethereum and converting to ETH, as investigators from Blockaid and the Arbitrum team pursue answers.