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The Daily Verified Briefing

Markets

Axelar disables Secret Network bridge after $4.7M loss

Published 19 June 2026

The blockchain interoperability network Axelar disabled its bridge connections to the Secret Network on Friday, June 19, 2026, following a security incident that resulted in the loss of approximately $4.7 million in bridged assets. The company stated its core protocol remained unaffected.

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