The exploit hit a custody bridge AFX operates rather than the Arbitrum network itself, with the stolen funds quickly moved to Ethereum.
Why This Ethereum News Matters
Ethereum powers the majority of DeFi protocols, NFT marketplaces, and Layer-2 networks. This update could influence ETH gas fees, smart-contract activity, and the broader Web3 ecosystem.
This is for informational purposes only — not financial advice.
Always do your own research (DYOR) before making any investment decisions.
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