NMLSRegulated
United States Crypto Asset Transfer License (MTL)
Bridge
Regulated in United States
Crypto Asset Exchange Registration (MSB)
Regional Exchange
Basic Information
Country/RegionLuxembourg
Exchange AbbreviationBridge
Company NameBridge Ventures LLC.
Operating Period2-5 years
Websitehttps://bridge.xyz/
Business operationsPayment
RiskNotice
2 risk alerts
CSSFRegulated
Luxembourg Crypto Asset Transfer License (MTL)
- License No.
- Unreleased
- Licensed Entity
- Bridge Building S.A.
Exchange Overview
Exchange Overview
An entirely new payments platform, built with stablecoins, to simplify global money movement.
Business Region
InfluenceA0
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News
Attacker Drains $24M in USDC From AFX Bridge on Arbitrum
AFX Trade, a derivatives exchange that settles trades in $USDC, was exploited for approximately $24.15 million on July 22 after an attacker targeted a bridge the protocol operates on Arbitrum, according to security firm Blockaid. Blockaid said it detected the exploit at 21:30 UTC and published the transaction on Arbiscan. “The exploit was specific to a bridge that AFX operates,” the firm wrote, adding that it is working with the Arbitrum team “to respond to the incident, to engage with the affected protocol, and to help them contain the stolen funds.” The attacker moved the funds to Ethereum and swapped them for 12,467 $ETH at an average price of $1,937, according to onchain analytics account Lookonchain, which linked to the exploiters address on Arkham. AFX had not published a statement on its X account as of the time of writing. The Defiant reached out to AFX for comment. Arbitrum Says Native Bridge Unaffected Steven Goldfeder, co-founder of Arbitrum developer Offchain Labs, said the exploit did not compromise Arbitrums own infrastructure. “Were aware of a report of a bridge hack on Arbitrum and are investigating. We can confirm that the transaction in question originated from a third party protocol, and the Arbitrum native bridge has not been
Midnight token rebounds 19% after Wanchain bridge hack, Hoskinson calls for ZK revamp
Midnights $NIGHT token staged a sharp recovery after crashing to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to make a broader case for rethinking crypto security from the ground up. $NIGHT fell roughly 43% after 290 million tokens were stolen and dumped through a legacy Wanchain bridge on the Binance-Cardano corridor. The token has since bounced nearly 19% in 24 hours, trading around $0.022. Hoskinson pushed back at coverage that focused only on the crash. “Magically, they forget to mention the rebound,” he posted on X. Hoskinson described the hack as a “case of the Mondays” in an interview with CoinDesk but did acknowledge its seriousness in the broader context. “All software is under this enormous assault,” he said, pointing to a surge in Linux kernel vulnerabilities he attributed to AI-powered exploit discovery. He was direct about the limits of even well-built systems: “Thats like being 90% resistant to a deadly disease. If youre exposed to it enough, eventually you still catch the disease.” Bridge hacks have been one of cryptos most persistent and costly attack vectors for years. Billions of dollars have been drained through cross-chain bridge exploits, including the Ronin, Wormhole and Nomad