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

Market News
19 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

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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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

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Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

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Solana (SOL) holds steady in the mid-$70s, boosted by $500M USDC mint, institutional access, and ETF momentum.

Solana (SOL) holds steady in the mid-$70s, boosted by $500M USDC mint, institutional access, and ETF momentum.

Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...

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