Secret Network's Axelar bridge connection was suspended after an infinite-mint exploit drained about $4.67 million in wrapped assets.
2026/06/23
An attacker exploited an “infinite mint” vulnerability in a smart contract on Secret Network to create wrapped versions of Axelar-backed assets without the normal
2026/06/22
An attacker exploited an “infinite mint” vulnerability in a smart contract on the Secret Network, creating wrapped Axelar assets without proper backing. The incident
A missing channel check inside one Cosmos contract let a hacker mint $4.67 million in fake tokens and drain Axelar's escrow.
Secret Network lost $4.67M due to an infinite-mint exploit on its Axelar bridge, which went undetected for seven days. The vulnerability is now patched.
2026/06/21
Key Insights Cross-chain interoperability protocol Axelar has confirmed a security breach that resulted in the loss of approximately $4.67 million in bridged assets
2026/06/20
Axelar Network has taken decisive and immediate action to contain a significant security breach involving its Inter-Blockchain Communication (IBC) bridge with Secret
Approximately $4.67 million worth of tokens were drained from Secret Network after an attacker exploited an ICS-20-based smart contract used to facilitate cross
A major security breach involving blockchain interoperability platform Axelar has raised fresh concerns across the cryptocurrency industry after hackers exp
Axelar says a $4.7 million incident stemmed from the Secret Network’s ICS-20 smart contract, prompting the protocol to close affected bridge routes while investigations