
Secret Network's Axelar Bridge Hit by a $4.67M Infinite Mint
An attacker minted unbacked wrapped tokens on Secret Network through a customized bridge contract, draining $4.67 million before Axelar cut the connection.
Tech, protocols & infrastructure

An attacker minted unbacked wrapped tokens on Secret Network through a customized bridge contract, draining $4.67 million before Axelar cut the connection.

Researchers at Anza and a16z Crypto published Gatling, a design that runs nine consensus instances in parallel to produce a block proposal every 56 milliseconds, with 10ms slots as the theoretical target. It is a paper and a prototype, with no production timeline.

The XRP Ledger's v3.2.0 release renamed its core server from rippled to xrpld, a change XRPL Operations tied to an ecosystem it describes as increasingly independent of Ripple. The release itself was maintenance only, with no new features and no amendments.

Firedancer reached v1.0.0 on Solana's testnet, finishing the ground-up C rewrite. It is not recommended for mainnet, where the Frankendancer hybrid still runs.

Starknet put STRK20 live on mainnet on 9 June, a privacy standard covering arbitrary ERC-20 tokens. Private transfers are validated by zero-knowledge proofs, with encrypted notes stored in contract storage and a stated cost of roughly 4 STRK each.

An attacker exploited a mismatch between Syscoin's two layers to mint about 5 billion SYS, roughly $10 million. The funds were recovered and destroyed; the bridge stays paused.

JPMorgan, Bank of America and Citi are building a shared tokenized-deposit network operated by The Clearing House, targeting the first half of 2027. The aim is defensive: keeping corporate deposits inside the regulated banking system rather than losing them to stablecoins.

The Depository Trust & Clearing Corporation (DTCC) recently announced a major integration of Chainlink’s infrastructure into its Collateral AppChain platform. This strategic move aims to modernize collateral management…

There’s one trap almost everyone falls into. You see a transaction worth hundreds of millions — and your brain instantly fills in the story: “dump incoming,” “sell pressure,”…

There's one trap almost everyone falls into -- you see a transaction worth hundreds of millions and assume manipulation. Reality is far more nuanced. Here are the 10 largest on-chain capital movements explained.

March 29, 2026 On March 5, SWIFT quietly dropped a pretty big update: by the end of June, more than 25 major banks — including Bank of America,…

On March 5, SWIFT quietly announced that by the end of June, more than 90 member banks will begin live testing of blockchain-based cross-border settlements -- a seismic shift for traditional finance.