AFX Trade said it plans to announce a goodwill compensation plan on Aug. 3 in response to its recent security incident. The decentralized derivatives trading layer also said it has identified the group involved in the attack as UNC4899, a branch of the Lazarus Group. According to the project, UNC4899 is affiliated with North Korea’s Reconnaissance General Bureau. In an earlier update cited by Foresight News, blockchain security firm PeckShield said AFX Trade’s Arbitrum bridge had been exploited, with losses estimated at about 24 million USDC. The latest statement adds two points to the incident timeline: a target date for the compensation plan and the project’s attribution of the attacker.
AFX Trade said it plans to release a goodwill compensation plan on Aug. 3 following its recent attack.
The decentralized derivatives trading layer also said it has identified the group involved in the incident as UNC4899, a branch of the Lazarus Group. According to AFX Trade, the group is affiliated with North Korea’s Reconnaissance General Bureau.
In an earlier update cited by Foresight News, blockchain security firm PeckShield said AFX Trade’s Arbitrum bridge was hacked, with losses of about 24 million USDC.
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