Axelar Secret Network Bridge Exploit: $4.67M Drained via Infinite-Mint Token Vulnerability
Axelar Network confirmed that the $4.67 million exploit affecting its Secret Network bridge stemmed from an infinite-mint vulnerability in a third-party token contract, not Axelar's core protocol. The vulnerability went undetected for seven days before the bridge was disabled. The incident drained IBC-linked assets and prompted Axelar to shut down the affected bridge routes.
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.
Story timeline · 4 days
- Jun 23, 20265Secret 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.
- Jun 21, 20266· this storyAxelar 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.
- Jun 21, 20267Namada 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.
- Jun 20, 20265Axelar Disables Secret Network Bridge After $4.67M Exploit; IBC-Linked Assets Affected