Arbitrum's AFX Trade platform has suffered a significant security breach, resulting in a loss of $24 million. The exploit highlights ongoing vulnerabilities in decentralized finance platforms, raising concerns about security measures in place to protect user funds. In other developments, SEC Commissioner Hester Peirce has issued a warning to decentralized finance (DeFi) vaults and onchain lending platforms, indicating increased regulatory scrutiny. Meanwhile, Polymarket is preparing to challenge France's decision to block its website, signaling a potential legal battle over access to decentralized prediction markets.