A recent bridge exploit has resulted in the loss of $24M for the AFX protocol. According to Offchain Labs, the company behind Arbitrum, a popular layer 2 scaling solution for Ethereum, the incident involved a third-party protocol.
Offchain Labs stated that the exploit did not affect Arbitrum's native bridge infrastructure. This is based on reporting from CoinTelegraph.
The incident highlights the ongoing risks and challenges associated with bridge protocols and the importance of robust security measures to protect user funds.