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AFX Trade Hacker Converts 655.4 ETH to 18.86 BTC via THORChain

Security Incidents

2026-07-25 09:05:29

ETH-1.52%

BTC-1.69%

USDC0.01%

According to ChainCatcher, blockchain analyst Remnant has detected that the AFX Trade hacker began converting ETH to BTC via the cross-chain swap tool THORChain about 1 hour ago. The hacker has already swapped 655.4 ETH for 18.86 BTC. The AFX Trade bridge was exploited two days prior, resulting in the theft of 24.15 million USDC, which was subsequently converted to approximately 12,500 ETH.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

Four crypto protocol token counts were continuously hacked within hours, with total losses exceeding $35 million, including AFX Trade.

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