Axelar Network Hacked, Approximately $4.67 Million in Tokens Stolen

Axelar stated that, upon discovering the incident, its emergency response committee immediately disabled the Secret and Secret-SNIP connections. The team is currently coordinating with relevant exchanges and law enforcement agencies. This incident is confined solely to assets bridged from Axelar to Secret via IBC; all other IBC connections, Secret tokens, other Axelar integrations, and the Axelar core protocol remain unaffected.