AFI Pauses afiUSD Vault After $480K Mainnet Exploit
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Artificial Financial Intelligence reported a sophisticated mainnet exploit on its afiUSD vault that drained about $480,000, prompting the team to pause the vault and warn users not to interact. AFI says the breach was contained to the afiUSD vault, other DeFi vaults remain operational, and a post-mortem with security partners and an investigation are underway, highlighting a security risk for the protocol and potential market impact in crypto.
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- AFI said the afiUSD vault suffered a sophisticated exploit worth about $480,000.
- The team paused the affected vault and told users not to interact with afiUSD.
- A detailed post-mortem is expected after the investigation with security partners.
Artificial Financial Intelligence has confirmed a security incident involving its afiUSD vault on mainnet, with losses estimated at $480,000. The team said the affected vault was paused as a precaution while investigators review the attack.
Notably, AFI said the incident remained limited to the afiUSD vault. Other vaults were not affected, and the project said its remaining vaults are safe, secure, and fully operational.
AFI Pauses afiUSD Vault
AFI first issued a security notice saying it had identified an incident affecting the afiUSD vault on mainnet. As part of its immediate response, the team paused the vault and adv…
Read The Full Article AFI Pauses afiUSD Vault After $480K Mainnet Exploit On Coin Edition.
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