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Secret Network's Axelar Bridge Drained $4.67M via Infinite-Mint Flaw

By thedefiant.io · · 1 min read
Secret Network's Axelar Bridge Drained $4.67M via Infinite-Mint Flaw

Secret Network's cross-chain bridge to Axelar has been suspended after an attacker exploited a years-old minting flaw in a CW20-ICS20 contract to drain $4.67 million in wrapped tokens over seven undetected days. The exploit ran from June 10

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