Axelar's bridge connection with Secret Network has been hit by an uncollateralized minting vulnerability, allowing attackers to siphon off about $4.67 million.
AXL's cross-chain validation trust has been re-evaluated, and it took seven days to uncover the flaw, which amplifies the security discount. The patch announcement isn't enough to immediately restore risk appetite.
$AXL #AXL
AXL's cross-chain validation trust has been re-evaluated, and it took seven days to uncover the flaw, which amplifies the security discount. The patch announcement isn't enough to immediately restore risk appetite.
$AXL #AXL