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Secret Network's Axelar Bridge Drained $4.67M via Infinite-Mint Flaw source-logo thedefiant.io 3 hBTC Prophet: 20-Day 380 Million HTX Challenge2026 World Cup Posting Challenge on HTX SquareHTXCommunit

Secret Network's Axelar Bridge Drained $4.67M via Infinite-Mint Flaw
source-logo  thedefiant.io
3 h

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Secret Network's cross-chain bridge to Axelar has been suspended after an attacker exploited a years-old minting flaw to drain $4.67 million in wrapped tokens over seven undetected days.

Both teams disclosed the incident on June 19, confirming approximately $4.67 million in assets were taken from the bridge's Axelar-to-Secret IBC connection. The attack itself began on June 10 but went unnoticed for seven days until a routine cross-chain transfer failed because the bridge's escrow account had been depleted.

Minting Flaw
The vulnerability lived in a modified CW20-ICS20 smart contract deployed on Secret Network for the Axelar bridge connection. Security research firm Common Prefix published a technical breakdown of the incident, finding that two critical validation checks had been commented out from the contract's packet-receive function: one that should have verified incoming token denominations against the legitimate source channel, and one that should have capped outflows to amounts genuinely held in escrow.

Secret Network's Axelar Bridge Drained $4.67M via

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On June 23, according to official news, the distributed AI computing network Darkbloom has officially launched on OpenRouter. Darkbloom aims to promote the development of an open, distributed, and use

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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksTradFi Trading Strategies Sharing ChallengeCentralized Wall Street gatekeepers to control investors’ route into

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Centralized Wall Street gatekeepers to control investors’ route into tokenized stocks through old pipe

24X National Exchange's latest tokenized stock filing has put Wall Street's core plumbing at the forefront of the equity-tokenization race.

The exchange filed SR-24X-2026-20 on June 11, with the SEC issuing its notice on June 16 and the June 22 notice placing the filing in the Federal Register.

The rule change would let eligible 24X members trade certain securities in tokenized form during a Depository Trust Company pilot, according to the SEC's notice filing.

The filing frames tokenization as an upgrade to the national market system rather than a workaround. The model described by 24X keeps the exchange, DTC, participant eligibility, order-entry controls, and shareholder-rights protections in place.

The token layer changes how eligible positions can be represented and settled, while the legal identity of the share and the market structure around the trade stay intact.

The filing's answer is practical: tokenized stocks look like legacy market infrastructure adding a token wrapper.

The token layer stays inside the market system even with tokenized stocks

The filing would amend 24X rules covering eligible securities, member access, order priority, and routing. The proposed structure would allow DTC Eligible Participants to trade tokenized versions of eligible equity securities and exchange-traded products on 24X during the DTC pilot.

The SEC notice says the securities would trade within the current national market system, using DTC to clear and settle trades in token form based on instructions selected when orders are entered.

That keeps tokenized equity activity connected to the same market architecture that governs ordinary exchange-traded shares.

24X also framed the proposal as part of an exchange-led pattern. The fil

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World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryDOGECOIN (DOGE) NEWS UPDATE " Dogecoin remains the king of meme coins, maintaining one 

DOGECOIN (DOGE) NEWS UPDATE

" Dogecoin remains the king of meme coins, maintaining one of the strongest communities in crypto. Even after years in the market, DOGE continues attracting attention from retail investors and social media.

Recent activity around meme coins has helped keep Dogecoin relevant, while discussions about payments and real-world utility continue within the ecosystem.

DOGE remains one of the most recognized cryptocurrencies globally, benefiting from strong brand awareness and a loyal community base. Key Ecosystem Trends

Strong meme coin leadership

Massive global community

High exchange liquidity

Ongoing payment adoption discussions

Strong social media influence

Market Take: "Dogecoin proves that community is a powerful force. When market sentiment improves, DOGE often becomes one of the most watched assets in crypto.

DOGECOIN (DOGE) NEWS UPDATE " Dogecoin remains th

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeIn a recent tweet, CryptoSlate highlighted notable trends affectin

In a recent tweet, CryptoSlate highlighted notable trends affecting Bitcoin and Cardano, emphasizing the shifting market sentiment. As traders reacted to the selling pressure surrounding Bitcoin, attributed to a recent sale by Michael Saylor, Cardano’s founder raised concerns about the future viability of applications on its blockchain. This discussion is pivotal as it reflects broader concerns within the cryptocurrency market.

The Story So Far

The broader cryptocurrency landscape has been showing mixed signals, with Bitcoin facing renewed selling pressure that some traders directly associated with Michael Saylor’s recent sale of 32 BTC. This event, while seemingly isolated, has sparked discussions about larger market dynamics, suggesting that the pressure on Bitcoin may stem from more significant trends rather than isolated actions. Meanwhile, Cardano’s founder has proposed the idea of splitting the blockchain to preserve functionality, indicating a proactive approach to address the challenges faced by applications in the ecosystem. These developments signal a critical moment for both projects as they navigate market uncertainties.

By the Numbers

In the current market context, Bitcoin’s trading environment is under scrutiny due to the recent selling activities, leading to an environment of caution among traders. The Fear & Greed Index continues to indicate a shift in sentiment, reflecting increasing apprehensions about price stability and growth potential. As discussions around Cardano’s future unfold, investors are closely watching the implications for both the project and the broader market dynamics.

Bitcoin and Cardano remain two of the most discussed cryptocurrencies in the market. Bitcoin, as the leading digital asset, often sets the tone for market movements, while Cardano has been recognized for its innovative appro

In a recent tweet, CryptoSlate highlighted notable

World Cup Predictions: 100,000 USDT DailyBritish pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules The Bank of England has removed the biggest usability objection f

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules

The Bank of England has removed the biggest usability objection from its sterling stablecoin plan, but it has kept a ceiling on how large any single systemic pound token can become.

In a June 22 policy statement and draft Code of Practice, the central bank removed proposed holding limits for individuals and businesses, raised the share of backing assets that may be held in interest-bearing securities, and replaced wallet-level caps with a temporary £40 billion issuance guardrail for each systemic sterling stablecoin product.

That turns the UK debate to scaling. A token that no longer has to police ordinary business balances is more plausible as a payments infrastructure, but a successful issuer would still be rationed before it reaches the market cap of the largest dollar tokens.

The result is a different rationing model.

The UK is paving the way for regulated pound tokens to operate from 2027, while reserving the right to slow their growth until the Bank is satisfied that stablecoins will not drain deposits from the banking system quickly enough to undermine access to credit.

From wallet caps to a product ceiling

The Bank's draft rules consultation closes on Sept. 22, 2026, with the Code of Practice intended to be finalized by the end of the year. Regulated stablecoins are expected to operate in the UK from 2027.

Under the November 2025 proposal, the Bank had considered temporary per-coin holding limits of £20,000 for individuals and £10 million for businesses.

It also proposed a reserve mix that would have allowed up to 60% of backing assets to be in short-term UK government debt and required at least 40% to be in unremunerated Bank deposits.

The new policy statement says those user-level limits will not be implemented. Instead, each systemic stablecoin product will initially be subject to a £40 billion issuance maximum

British pound stablecoins capped to $53B ceiling a

Japan’s manufacturing sector maintained strong momentum in June, supported by the fastest rise in new orders in more than four years, even as businesses continued to face mounting cost pressures linke

Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures - Eco

HTXCommunity4thAnniversary

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rulesHTXCommunity4thAnniversary2026 World Cup Posting Challenge on HTX Square2026 World Cup Posting Challenge on

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules

Bank of England has removed the biggest usability objection from its sterling stablecoin plan, but it has kept a ceiling on how large any single systemic pound token can become.

In a June 22 policy statement and draft Code of Practice, the central bank removed proposed holding limits for individuals and businesses, raised the share of backing assets that may be held in interest-bearing securities, and replaced wallet-level caps with a temporary £40 billion issuance guardrail for each systemic sterling stablecoin product.

That turns the UK debate to scaling. A token that no longer has to police ordinary business balances is more plausible as a payments infrastructure, but a successful issuer would still be rationed before it reaches the market cap of the largest dollar tokens.

The result is a different rationing model.

The UK is paving the way for regulated pound tokens to operate from 2027, while reserving the right to slow their growth until the Bank is satisfied that stablecoins will not drain deposits from the banking system quickly enough to undermine access to credit.

XRP stabilizes near $1.10 after major 2026 decline, key support levels in focus Following a wave of heavy selling in the cryptocurrency market, $XRP is attempting to stabilize near the $1.10 mark, aim

XRP stabilizes near $1.10 after major 2026 decline, key support levels in focus

Following a wave of heavy selling in the cryptocurrency market, $XRP is attempting to stabilize near the $1.10 mark, aiming to form a short-term bottom after what is described as one of the major pullbacks of 2026. The asset, having dipped below major support lines and exited a multi-month trading range, continues to face downward pressure despite some signs of recovery.

Key levels to watch in $XRP
$XRP recently lost its $1.28 support level, which had served as a key floor for most of March, April, and May. This breakdown accelerated selling, dragging the price down to recent lows around $1.05. Despite a brief rebound, the recovery was limited, indicating that market participants remain cautious even as the price attempts to rally.

Technical indicators reveal that significant resistance areas remain above the current price. The 50-day moving average stands at $1.20, while the 100- and 200-day averages are positioned at $1.28 and $1.35 respectively, reflecting an ongoing advantage for sellers in the broader trend. For a more meaningful turnaround, analysts note that $XRP would need to reclaim these levels as new support zones.

Trading volume has shown a more balanced signal. There was a notable spike in volume during the initial breakdown, suggesting that much of the selling may have played out during that phase. As panicked selling has eased, volumes have gradually returned to normal, while the Relative Strength Index (RSI) is now attempting an upward move after exiting oversold territory.

While the downward momentum in $XRP has waned compared to the first wave of selling, this alone does not confirm a lasting trend reversal.


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XRP stabilizes near $1.10 after major 2026 decline

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