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Big Whales' Movements

Axelar Networ
2026-06-20 01:12:56

Axelar Network Discloses IBC-Linked Incident With About $4.67 Million in Tokens Taken

Axelar Network said an incident affected assets bridged over IBC from the Axelar chain to Secret Network, with approximately $4.67 million worth of tokens taken. The project said the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, and that Axelar’s core protocol is not affected.

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Axelar Network Discloses IBC-Linked Incident With About $4.67 Million in Tokens Taken
Axelar Networ
2026-06-20 01:12:56

Axelar Network Discloses IBC Asset Incident With About $4.67 Million in Tokens Taken

Axelar Network said it has identified an incident involving assets bridged over IBC from the Axelar chain to Secret Network. About $4.67 million worth of tokens were taken, and Axelar said the issue is isolated to the Secret-side ICS-20 smart contract in the Cosmos IBC connection between Secret and Axelar.

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Axelar Network Discloses IBC Asset Incident With About $4.67 Million in Tokens Taken
Axelar Networ
2026-06-20 01:12:56

Axelar Network Reports IBC-Related Incident With About $4.67M in Tokens Taken

Axelar Network said an incident affected assets bridged over IBC from the Axelar chain to Secret Network, with about $4.67 million worth of tokens taken. The team said the issue is isolated to the Secret-side ICS-20 smart contract in the Cosmos IBC connection between Secret and Axelar, and that Secret and Secret-SNIP connections have been disabled.

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Axelar Network Reports IBC-Related Incident With About $4.67M in Tokens Taken
Axelar Networ
2026-06-20 01:12:56

Axelar Network Says About $4.67 Million in Tokens Were Taken in Secret-Side IBC Incident

Axelar Network said it identified an incident affecting assets bridged over IBC from the Axelar chain to Secret Network, with approximately $4.67 million worth of tokens taken. The project said the issue is isolated to the Secret-side ICS-20 smart contract for the Cosmos IBC connection between Secret and Axelar, while Axelar’s core protocol is not affected.

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Axelar Network Says About $4.67 Million in Tokens Were Taken in Secret-Side IBC Incident