DeFiBearishBitcoinist · Jun 227/10
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Secret Network Axelar Bridge Suspended After $4.67M Infinite-Mint Exploit
Secret Network's Axelar bridge suffered a critical security breach resulting in an infinite-mint exploit that drained approximately $4.67 million in wrapped assets, forcing suspension of the bridge connection. The incident highlights persistent vulnerabilities in cross-chain bridge infrastructure and raises concerns about asset security across interconnected blockchain networks.
