ME News reports that on July 25 (UTC+8), AFX Trade tweeted that an initial investigation revealed a coordinated social engineering and infrastructure compromise. The attackers appeared to have gained access through the development environment and subsequently escalated privileges to internal build infrastructure and validator systems. The current priority is protecting affected users; the team is verifying compromised balances, recovering funds, and preparing a structured remediation plan. Previously, Foresight News reported that, according to PeckShield monitoring, the AFX Trade Arbitrum cross-chain bridge was hacked, resulting in losses of approximately 24 million USDC. (Source: Foresight News)
AFX Trade Confirms Social Engineering and Infrastructure Attack
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Summary
AFX Trade confirms that a social engineering and infrastructure attack occurred on July 25 (UTC+8), during which attackers gained access to the development environment and escalated to internal systems. The company is prioritizing user protection, balance verification, fund recovery, and implementing a remediation plan. A recent Foresight News report noted a $24 million USDC loss from the Arbitrum cross-chain bridge. Traders are closely monitoring the incident, with the Fear & Greed Index indicating heightened volatility. Altcoins to watch may experience shifts as market sentiment responds to the breach.
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