ME News reports that on July 31 (UTC+8), the decentralized derivatives trading layer AFX Trade plans to announce a goodwill compensation program on August 3 in response to the recent attack. Additionally, the official team stated that it has identified the hacking group responsible for the incident as UNC4899, a branch of Lazarus Group, which is affiliated with North Korea’s Reconnaissance General Bureau. 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 to Announce Goodwill Compensation Plan on August 3, Identifies UNC4899 as Attacker
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Summary
AFX Trade will disclose a goodwill compensation plan on August 3 following a $24 million USDC theft via its Arbitrum cross-chain bridge. MetaEra reports the attackers were identified as UNC4899, a Lazarus Group faction linked to North Korea’s Reconnaissance General Bureau. On-chain data indicates the breach occurred recently, raising concerns among altcoins to watch in the market.
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