Arbitrum: AFX XYZ Hit by $24M USDC Exploit
AFX XYZ on Arbitrum exploited for $24M USDC; funds bridged to Ethereum and swapped into 12,467.5 ETH now at 0x6276...ebAC.
SourceAnalysis
AFX_XYZ on Arbitrum suffered a $24M USDC exploit, with the attacker bridging proceeds to Ethereum and converting them into 12,467.5 ETH held at 0x6276...ebAC.
ETH trades at $1935.11 inside its Bollinger band, testing upper resistance at $1961.29 while the 50-EMA at $1884.03 and 200-EMA at $1788.62 continue to anchor the bullish structure; the MACD death cross at 16.89 signals near-term momentum loss, suggesting a probable retracement toward the 50-EMA support before any sustained continuation.
PeckShieldAlert
@PeckShieldAlertPeckShield is a prominent blockchain security firm that provides comprehensive solutions aimed at safeguarding the blockchain ecosystem.