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Secret Network Bridge Hit by $4.67M Exploit Via Infinite-Mint Flaw
Published Source: BitcoinistRead original
Crypto Insight Summary: Secret Network lost $4.67M due to an infinite-mint exploit on its Axelar bridge, which went undetected for seven days. The vulnerability is now patched. Crypto Insight Analysis: Direction: Bearish SCRT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bridge exploit undermines trust in Secret Network's security, causing short-term sell pressure.