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$4.7M stolen in Secret Network bridge hack; Axelar core protocol unaffected

Market News
19 Jun 2026
Crypto Briefing
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Bearish
$4.7M stolen in Secret Network bridge hack; Axelar core protocol unaffected

Axelar reported a security breach involving the transfer of assets from its chain to Secret Network via the Cosmos IBC bridge, resulting in about $4.7 million in tokens stolen. The issue is isolated to the Secret Network's ICS-20 smart contract, with no impact on Axelar's core protocol or other connections. Axelar has disabled the affected connections, alerted exchanges and law enforcement, and is investigating further with plans to publish a detailed report.

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Accenture stock drops 4.73% amid concerns over valuation and weak demand trends

Accenture stock drops 4.73% amid concerns over valuation and weak demand trends

Accenture's stock fell 4.73% to $181.29 after Guggenheim reiterated a Neutral rating, citing that the stock price has outpaced the company's actual business performance. Analysts point to weak customer demand, fewer job postings, and a cautious mid-m...

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Thryv CEO buys shares amid shift to digital, selling print business for $142M

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Tempus AI stock jumps 29% in a week on positive analyst outlook and technical signals.

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Seagate stock expected to reach $900 on Oct 27, 2026, driven by strong earnings and contracted demand.

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SCHD ETF boosts recession-resistant sectors, aiming 25%-30% returns by 2026 for income investors.

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