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5PrivacyNewJun 20, 2026

Axelar Disables Secret Network Bridge After $4.67M Exploit; IBC-Linked Assets Affected

Axelar disabled its bridge connection to the Secret Network following an exploit that resulted in approximately $4.67 million in token losses from IBC-linked assets. The attack affected cross-chain privacy infrastructure and prompted Axelar to shut down the affected bridge routes. The Secret Network exploit highlights vulnerability in cross-chain privacy protocol infrastructure.

Story timeline · 4 days

  1. Jun 23, 20265
    Secret Network Axelar Bridge Exploit Confirmed at $4.67M via Infinite-Mint Flaw

    No material change; $4.67M exploit details reiterated without new recovery or attribution information.

  2. Jun 21, 20266
    Axelar Secret Network Bridge Exploit: $4.67M Drained via Infinite-Mint Token Vulnerability

    Axelar confirmed the root cause as an infinite-mint vulnerability in a third-party token contract; Secret Network Axelar bridge was disabled; $4.67M in losses confirmed.

  3. Jun 21, 20267
    Namada Privacy Chain Exploited; 228,000 ATOM Drained via Cross-Chain Bridge

    Namada exploit confirmed with 228,000 ATOM transferred out via cross-chain; earlier reporting covered the Axelar-Secret Network exploit and a security alert from Namada.

  4. Jun 20, 20265· this story
    Axelar Disables Secret Network Bridge After $4.67M Exploit; IBC-Linked Assets Affected

Sources · 2