axelar
Silent Drain: Inside the $4.67 Million Exploit of the Secret Network Axelar Bridge
The decentralized finance (DeFi) ecosystem has been dealt another significant blow as Secret Network and Axelar Network confirm a major security exploit that resulted in the loss of approximately $4.67 million. The incident, which centered on a critical vulnerability within the cross-chain bridging infrastructure connecting the two protocols, allowed an attacker to execute an "infinite-mint" […]
