The cross-chain bridge was exploited again, and $4.67 million was gone just like that. The infinite minting vulnerability in cw20-ics20 sounds downright alarming. The ten-day silent period for Axelar and Secret over the past ten days is also pretty intriguing.

CoinJie.com reports that GoPlusSecurity said attackers exploited an infinite minting vulnerability in a modified cw20-ics20 token contract on Secret Network, stealing assets worth approximately $4.67 million. The victim was Axelar. The three transactions involved WETH, USDT, and WBTC, and these assets were bridged to the Axelar network. The attack occurred on June 10, and Axelar and Secret publicly disclosed the incident to the community on June 19.