Tag: axelar
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Axelar Halts Secret Network Bridge After $4.67 Million Exploit Targets Cross-Chain Protocol Vulnerability
Axelar is actively working to contain the fallout from a significant security incident that has led to the unauthorized loss of approximately $4.67 million in digital tokens. The breach specifically targeted assets that were bridged from the Axelar chain to the Secret Network using the Inter-Blockchain Communication (IBC) protocol. In response to the discovery, Axelar,…
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