Axelar Confirms $4.67M Exploit on Secret Network Bridge, Core Protocol Remains Unaffected
Axelar is moving fast to contain damage after identifying a security incident that has resulted in the loss of approximately $4.67 million worth of tokens. The exploit targeted assets bridged via the Inter-Blockchain Communication protocol from the Axelar chain to Secret Network, and the cross-chain infrastructure provider has already taken emergency action to shut down … Read more