Axelar Network Hack Drains $4.67M From Secret IBC Bridge
Axelar Network identified an incident that stole approximately $4.67 million in tokens bridged to Secret Network via IBC. Based on current information, the issue is limited to the ICS-20 smart contract on the Secret side. The Axelar Emergency Committee disabled the Secret and Secret-SNIP connections and is contacting exchanges and law enforcement.
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