Cross-chain attacks drain $35 million within hours
Three cryptocurrency protocols linked to Bitcoin and Ethereum lost more than $35 million in a series of attacks within about six hours, exposing persistent weaknesses in cross-chain bridges, administrative controls and contract validation systems. The largest loss was recorded by AFX Trade, a perpetual futures platform operating through an independently managed bridge on Arbitrum. Attackers removed about $24.15 million in USDC before transferring the assets from Arbitrum […]