Arbitrum ecosystem protocol AFX was attacked at 5:30 a.m. Beijing time, with the incident targeting a cross-chain bridge operated by the protocol, according to Blockaid. The security firm said roughly 24.15 million USDC had been stolen as of its update.
Blockaid said it is working with the Arbitrum team to respond to the incident, communicating with the affected protocol and helping freeze the stolen funds. The disclosure places the event among the larger bridge-related thefts reported in the ecosystem, though the available details remain limited.
Steven Goldfeder, co-founder of Offchain Labs, said on X that the Arbitrum team is aware of reports of a bridge attack on Arbitrum and is investigating. He added that the transactions came from a third-party protocol and said Arbitrum’s native bridge was not attacked or exploited. Goldfeder said the team would coordinate with the third-party team and share more details.
Arbitrum ecosystem protocol AFX was attacked at 5:30 a.m. Beijing time, according to Blockaid, with the incident targeting a cross-chain bridge operated by the protocol. About 24.15 million USDC had been stolen as of the latest update.
Blockaid said it is working with the Arbitrum team on the response, communicating with the affected protocol and assisting efforts to freeze the stolen funds.
Steven Goldfeder, co-founder of Offchain Labs, said on X that the Arbitrum team is aware of reports about a cross-chain bridge attack on Arbitrum and is investigating the matter.
Goldfeder also said the transactions originated from a third-party protocol. Arbitrum’s native bridge was not attacked or exploited, he said, adding that the team will coordinate with the third-party team and provide more details.
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