5 articles tagged with #secret-network. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
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.
Secret Network suffered a $4.67M loss through an infinite-mint vulnerability on its Axelar bridge that remained undetected for seven days before patching. The exploit highlights critical security risks in cross-chain bridges, a persistent weak point in the cryptocurrency ecosystem.
Secret Network's Axelar bridge suffered a $4.67 million exploit through an infinite-mint vulnerability that remained undetected for seven days. Approximately $770,000 in stolen funds remain in the attacker's wallet, with Axelar declining Secret Network's request to freeze the assets.
Axelar disabled its bridge connections to Secret Network following a $4.7 million exploit involving bridged assets transferred from the Axelar chain. The security incident highlights ongoing vulnerabilities in cross-chain bridge protocols, a persistent risk factor for decentralized finance infrastructure.
Axelar reported a $4.7 million theft from its Secret Network bridge, exposing critical vulnerabilities in cross-chain protocols. The incident underscores the security risks inherent in blockchain interoperability solutions and raises concerns about the robustness of bridge infrastructure as adoption increases.
