{"id":633447,"date":"2026-07-23T01:52:51","date_gmt":"2026-07-23T01:52:51","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/afx-protocol-reportedly-loses-24m-in-bridge-exploit\/"},"modified":"2026-07-23T01:52:51","modified_gmt":"2026-07-23T01:52:51","slug":"afx-protocol-reportedly-loses-24m-in-bridge-exploit","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/afx-protocol-reportedly-loses-24m-in-bridge-exploit\/","title":{"rendered":"AFX Protocol reportedly loses $24M in bridge exploit"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hack.jpg\" alt=\"AFX Protocol reportedly loses $24M in bridge exploit\" class=\"type:primaryImage\" \/><\/p>\n<p>Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum\u2019s native bridge infrastructure.<\/p>\n<p>AFX Protocol, a decentralized perpetual exchange operating on Arbitrum,  reportedly lost $24.15 million on Wednesday in an exploit targeting one of its crosschain bridges.\u00a0<\/p>\n<p>Blockaid said Wednesday it detected an exploit at 9:30 p.m. UTC targeting a bridge operated by AFX. Offchain Labs co-founder Stephen Goldfeder confirmed a bridge hack had affected a third-party protocol.<\/p>\n<p>Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/2080092059252486487?s=20\"><span>said<\/span><\/a> the exploiter bridged 24.15 million USDC (USDC) to Ethereum, buying 12,467 ETH at an average price of $1937.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/afx-protocol-reportedly-loses-24m-in-bridge-exploit\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum\u2019s native bridge infrastructure. AFX Protocol, a decentralized perpetual exchange operating on Arbitrum, reportedly lost $24.15 million on Wednesday in an exploit targeting one of its crosschain bridges.\u00a0 Blockaid said Wednesday it detected an exploit at 9:30 p.m. UTC targeting a bridge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":633448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-633447","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=633447"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/633448"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=633447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=633447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=633447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}