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Axelar shuts down Secret Network bridge routes after $4.7M exploit
axelar-shuts-down-secret-network-bridge-routes-after-4-7m-exploit
Axelar shuts down Secret Network bridge routes after $4.7M exploit
Axelar disabled Secret Network bridge routes after a $4.7 million exploit tied to a Secret-side ICS-20 contract.The company said the incident appears limited to Axelar-bridged assets on Secret Network, with no impact on its core protocol.Binance Research previously estimated DeFi exploits triggered $13 billion in TVL outflows and pushed leverage ratios to 2021 highs.
2026-06-19 Source:crypto.news
https://jid.rerrkvifj.com/media/content/news/nsc_0620070329562/nsc_0620070329562.text