Monday, June 22, 2026
Tech

Secret Network Bridge Suffers $4.7 Million Exploit Due to Infinite Mint Bug

PUBLISHED·5h ago·3 min read

Secret Network has suffered a $4.67 million exploit after attackers abused an infinite mint vulnerability in a smart contract linked to Axelar-wrapped assets. The flaw allowed the creation of unbacked tokens, which were later redeemed for genuine assets held in escrow. The incident went undetected for nearly a week before being discovered following a failed cross-chai...

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