AXLAxelar
$0.0403
$0.0011
(2.64%)
Mkt Cap$48.13M
Vol6.27M
Secret Network Hit With $4.67M Infinite Mint Exploit Losses
An attacker exploited an “infinite mint” vulnerability in a smart contract on Secret Network to create wrapped versions of Axelar-backed assets without the normal backing. According to Common Prefix, the resulting loss reached $4.67 million, with the incident first occurring on J...
CryptoBreaking
Secret Network Bridge Loses $4.7M to ‘Infinite Mint’ Flaw
An attacker exploited an “infinite mint” vulnerability in a smart contract on the Secret Network, creating wrapped Axelar assets without proper backing. The incident resulted in a reported $4.67 million loss, according to blockchain research firm Common Prefix. The breach occurre...
CryptoBreaking
Secret Network bridge exploited for $4.7M with ‘infinite mint’ bug
An exploit of the Secret Network went undiscovered for a week as the hacker moved the loot into Ethereum and then to exchanges.
Cointelegraph.com News (Full)
Secret Network’s $4.67M Bridge Heist Started With One Missing Check
A missing channel check inside one Cosmos contract let a hacker mint $4.67 million in fake tokens and drain Axelar's escrow.
Yellow News
Hacker Used Fake IBC Channel to Drain Secret Network’s…
How Did The Axelar-Secret Bridge Exploit Happen? An attacker drained roughly $4.67 million from Secret Network’s Axelar bridge after exploiting a flaw in a modified bridge contract that handled assets moving from Axelar to Secret Network. The attack targeted a modified CW20-ICS20...
Finance Feeds
BTC Long Liquidations Could Hit $922M Below $61,035
Bitcoin long liquidations on major centralized exchanges could reach $922 million if BTC falls below $61,035. See why this level matters and what traders should watch next. The post BTC Long Liquidations Could Hit $922M Below $61,035 was initially published on Coincu.
Coincu
Axelar Says Security Incident Did Not Affect Axelar or IBC
Axelar says a reported security incident did not impact Axelar or IBC, blaming the issue on a third-party token contract minting bug. The post Axelar Says Security Incident Did Not Affect Axelar or IBC was initially published on Coincu.
Coincu
Axelar Network Disables Secret Network IBC Bridge Following $4.67 Million Exploit
Axelar Network has taken decisive and immediate action to contain a significant security breach involving its Inter-Blockchain Communication (IBC) bridge with Secret Network. The incident resulted in the exploitation of […]
Cryip
Axelar-bridged tokens worth $4.67 million drained in Secret Network contract exploit
Approximately $4.67 million worth of tokens were drained from Secret Network after an attacker exploited an ICS-20-based smart contract used to facilitate cross-chain transfers, according to Axelar’s June 19 statement. The incident exposed another weakness in the bridge infrastru...
Cryptopolitan
Axelar Disables Secret Network Bridge Routes Amid $4.7 Million Security Breach
Axelar says a $4.7 million incident stemmed from the Secret Network’s ICS-20 smart contract, prompting the protocol to close affected bridge routes while investigations continue.
CryptoBreaking
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AboutAxelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus. Axelar is a blockchain that connects blockchains. To do this securely, Axelar network uses proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. Tokenholders stake the AXL token, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission. The AXL token is used for governance and to pay network transaction fees to validators and tokenholders. However, users of the Axelar network do not need to hold the token. Conversions into AXL tokens and destination-chain tokens are handled on the back end, so that users need only pay gas once, in the source-chain token. Axelar network rewards are “inflationary” — they increase the total supply of AXL — but there is potential for supply to become deflationary based on the transaction fee mechanic described above.
DetailsSource
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Date
Market Cap
Volume
Close
June 26, 2026
$48.13M
$6.27M
---
June 26, 2026
$47.57M
$5.85M
---
June 25, 2026
$48.66M
$4.93M
$0.0408
June 24, 2026
$49.57M
$4.24M
$0.0416
June 23, 2026
$50.65M
$5.44M
$0.0426
June 22, 2026
$52.21M
$4.11M
$0.0438
June 21, 2026
$54.48M
$4.33M
$0.0458
June 20, 2026
$53.64M
$6.51M
$0.0451
June 19, 2026
$52.96M
$3.65M
$0.0446
June 18, 2026
$56.02M
$14.19M
$0.0472