Crypto
AFX Protocol estimates $24.15 million loss from bridge attack
Arbitrum-based decentralized perpetual futures exchange AFX Protocol is estimated to have lost assets worth $24.15 million in a cross-chain bridge attack. Cointelegraph reported the incident occurred in a third-party protocol and did not affect the Arbitrum native bridge. Security firm Blockaid said it detected an attack targeting an AFX-operated bridge. Offchain Labs co-founder Steven Goldfeder also confirmed a third-party protocol was affected. The cause and any additional losses remain unconfirmed.