Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised

Arbitrum-based AFX Trade is being drained of $24 million after bridge keys were compromised, allowing an attacker to use hot-validator signatures and approve a 24.15 million USDC withdrawal. Security firms are investigating the breach, while Arbitrum assures its native bridge was unaffected. The incident highlights the ongoing risk of vulnerabilities in DeFi bridges.