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Thank you to @XRPSEOUL for another strong year in Seoul. It was a pleasure to support the event as a Bronze Sponsor and to connect with the builders and partners shaping the XRP ecosystem. We look forward to XRP Seoul 2027.
Axelar is heading to @token2049 Singapore 🇸🇬 Our Head of Growth @freeagentOO and Marketing Manager @giocherx will be meeting partners and builders to discuss interoperability, tokenization and institutional adoption. If you're attending and would like to connect, feel free to get in touch.
We are pleased to welcome leading blockchain projects, university organizations, and local communities from across Korea as partners for Axelar & Friends. 📅 Oct 2, 2026 | 📍 Seoul Register now: https://luma.com/lhykeej3
Proud to announce that Axelar is joining XRP Seoul 2026 as a Bronze Sponsor. We've been working closely with the XRP ecosystem, and we're looking forward to meeting more of the community in Seoul. 📅 Oct 3, 2026 📍 Grand Hyatt Seoul
We're developing our own intents protocol for instant cross-chain transfers and swaps. More details in our upcoming community update.
Powerful deep-dive into how Axelar can connect tokenized financial assets with global liquidity and distribution across blockchain ecosystems. See why interoperability is becoming critical infrastructure for the next wave of tokenized finance 👇
Axelar v1.5.3 is now available. The release brings CPU and memory improvements to full nodes and validators, allowing for roughly 4x faster catch-up. It migrates the network to cosmos-sdk v0.53, that carries the latest security updates, alongside a number of our own, introduced in response to the rise in AI-driven attacks. Also included in this version is the authz module, enabling scoped, revocable permissions such as delegating governance voting to a separate key. Validators and node operators should upgrade soon to ensure continuity.
Congratulations to our lead steward, @CommonPrefix, on their newly announced collaboration with @XRPLF.
Secret Network’s Axelar bridge drained for $4.67 million in infinite-mint exploit that went unnoticed for seven days https://www.theblock.co/post/405459/secret-networks-axelar-bridge-drained-for-4-67-million-in-infinite-mint-exploit-that-went-unnoticed-for-seven-days?utm_source=twitter&utm_medium=social
🚨 Security Alert: An attacker exploited an infinite mint vulnerability in a modified CW20-ICS20 token contract (secret1yxj...) on Secret Network, stealing approximately $4.67 million worth of assets from Axelar. Three transactions involving WETH, USDT, and WBTC were bridged into Axelar Network. The attacker subsequently transferred the stolen assets to #ETH. The exploit occurred on June 10, while Axelar and Secret publicly disclosed the incident to the community on June 19. Attacker Addresses: https://mintscan.io/axelar/address/axelar1hzra9z4zn8q0w8f3dj2wnw0xgetu8dfdhl6ad8 https://etherscan.io/address/0x6c2eAB82bA2897A6E99FB6Af018020dA15123976 Vulnerable Contract: https://mintscan.io/secret/address/secret1yxjmepvyl2c25vnt53cr2dpn8amknwausxee83 Example Exploit Transactions: https://mintscan.io/axelar/tx/C6F4F590B36EFF5FDCDE8996D9270AC3EE2DA243A3AC88E0F152FC074F9EB0FB?height=29841952 https://mintscan.io/axelar/tx/0072DE8548F12CC530A73B69FB494B690FDD4D7EFC5988236B07C1C354AC4E54?height=29842118 https://mintscan.io/axelar/tx/9DE90F7B5EE221351F4842FBEFC3F6B0A291C1EED846693BD3FC38730EB45AD1?height=29842126 Ethereum Receiving Transactions: https://etherscan.io/tx/0x3513509c71bc8e02695fad55e136b8f21933f6a4433f4dafe471800d98ca8e05 https://etherscan.io/tx/0xe49353d3a2b87d2f8ffaea85f26452d379ab186542b0bfeb552d5659efdf8967 https://etherscan.io/tx/0xde42dd558e9ccd70978c20529afacf0a94565d04aa798d1e38c32b4959d73343
🚨 Security Alert: An attacker exploited an infinite mint vulnerability in a modified CW20-ICS20 token contract (secret1yxj...) on Secret Network, stealing approximately $4.67 million worth of assets from Axelar. Three transactions involving WETH, USDT, and WBTC were bridged into Axelar Network. The attacker subsequently transferred the stolen assets to #ETH. The exploit occurred on June 10, while Axelar and Secret publicly disclosed the incident to the community on June 19. Attacker Addresses: https://mintscan.io/axelar/address/axelar1hzra9z4zn8q0w8f3dj2wnw0xgetu8dfdhl6ad8 https://etherscan.io/address/0x6c2eAB82bA2897A6E99FB6Af018020dA15123976 Vulnerable Contract: https://mintscan.io/secret/address/secret1yxjmepvyl2c25vnt53cr2dpn8amknwausxee83 Example Exploit Transactions: https://mintscan.io/axelar/tx/C6F4F590B36EFF5FDCDE8996D9270AC3EE2DA243A3AC88E0F152FC074F9EB0FB?height=29841952 https://mintscan.io/axelar/tx/0072DE8548F12CC530A73B69FB494B690FDD4D7EFC5988236B07C1C354AC4E54?height=29842118 https://mintscan.io/axelar/tx/9DE90F7B5EE221351F4842FBEFC3F6B0A291C1EED846693BD3FC38730EB45AD1?height=29842126 Ethereum Receiving Transactions: https://etherscan.io/tx/0x3513509c71bc8e02695fad55e136b8f21933f6a4433f4dafe471800d98ca8e05 https://etherscan.io/tx/0xe49353d3a2b87d2f8ffaea85f26452d379ab186542b0bfeb552d5659efdf8967 https://etherscan.io/tx/0xde42dd558e9ccd70978c20529afacf0a94565d04aa798d1e38c32b4959d73343
Secret Network incident analysis by @CommonPrefix. Axelar's protocol was not compromised and prevented contagion from spreading to other chains. Here's the full report: https://commonprefix.com/blog/secret-network-exploit
JUST IN: @Axelar discloses a $4.67M exploit targeting assets bridged to Secret Network, with the vulnerability isolated to a Secret-side smart contract. Both connections have been disabled.
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret. Immediately upon becoming aware of the incident, the Axelar emergency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret. Immediately upon becoming aware of the incident, the Axelar emegency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret. Immediately upon becoming aware of the incident, the Axelar emegency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.
Axelar (AXL) is now available to New York residents on coinbase․com & in the Coinbase iOS & Android apps.
We've published a governance proposal to discontinue our integrations with Flow, Berachain, and Plume as part of our effort to focus on key ecosystems and better align incentives for our verifiers and broader network. Since launch, these integrations have seen no meaningful cross-chain activity on Axelar. If the proposal passes, a 3-day notice period will begin before the integrations are formally discontinued. We encourage everyone to review the proposal and cast their vote. https://www.axelar.network/blog/discontinuing-flow-berachain-plume
A new governance proposal is live. We've published a governance proposal to discontinue our integrations with Flow, Berachain, and Plume as part of our effort to focus on key ecosystems and better align incentives for our verifiers and broader network. Since launch, these integrations have seen no meaningful cross-chain activity on Axelar. If the proposal passes, a 3-day notice period will begin before the integrations are formally discontinued. We encourage everyone to review the proposal and cast their vote. https://www.axelar.network/blog/discontinuing-flow-berachain-plume
Glad to see the announcement of our joint proof-of-concept with @xrplkorea and Hana Financial TI receiving wide coverage across Korean media. We will continue working toward making cross-chain infrastructure ready for real institutional use. Full media coverage list below 👇
Glad to see the announcement of our joint proof-of-concept with @xrplkorea and Hana Financial TI receiving wide coverage across Korean media. We will continue working toward making cross-chain infrastructure ready for real institutional use. Full PR coverage list below 👇
The wait is almost over, @solana will soon be live on Axelar.
What a $290M exploit teaches us about bridge security. The $290M exploit that hit the ecosystem over the weekend has caused real harm, not just to users who lost funds and to the affected protocols, but also to the credibility of DeFi and web3 as a whole. The attack was evidently meticulously planned and well executed. But the conditions that made it possible were created long before the attacker showed up. There were multiple points of concern here: First, the bridge was shipped with a single operator configuration, creating a point of centralization, and this configuration was the documented default. Second, that operator was the bridge operator themselves. Third, the operator/RPCs were compromised, indicating operational security shortcomings. +Lastly, the post-mortem report lacks details on how this compromise took place, deflecting accountability. This incident could have been avoided with the adoption of security best practices. Downstream protocols cannot be expected to invent the correct security assumptions on their own nor operate their own validators. That is the job of the bridge. 1) Defining security assumptions, 2) selecting and training validators, 3) ensuring technical competence are all the responsibility of the bridge protocol to prevent compromise; and responding to incidents with public accountability and transparency. The framework for getting this right is well understood. Adapting web3 best practices means a sufficiently decentralized validator set requires operators that are multiple, geographically dispersed, running across different cloud providers, different hardware, different software, and ultimately operating in different jurisdictions. And we must not forget standard operational security processes we know from the web2 era: secure-by-default, defense-in-depth, and proper post mortems. It is high time we raise the standard as an ecosystem.
Every hacking and stolen money incident harms the trust users place on our blockchain systems as a whole and delays adoption of the global worldwide ledger we're envisioning. We stand with the @LayerZero_Core team as they're navigating this difficult situation and rebuilding trust. Each such incident is a learning opportunity for the whole community, and in this case, us, the rest of the interoperability ecosystem. While we're still waiting for the forensic evidence to come out for the final verdict, we're reminded there's multiple safeguards to building safe bridges, and all of them must be taken care of to effect security-in-depth. First, secure the opsec of the bridge operators, validators, and verifiers with correct incentives and training, and remove validators who have not illustrated technical excellence. Second, make sure the number of operators is large, heterogeneous, diverse, and geographically dispersed, not ultimately owned and controlled by a single entity that can be compromised. As we know from Axelar, building bridges takes years of effort and we have great respect for the layer0 team and what they've accomplished. We stand with them and by them as they're handling the aftermath of this painful $290M exploit.
THE PURGE IS COMING THE PURGE IS COMING THE PURGE IS COMING THE PURGE IS COMING THE PURGE IS COMING
Another chain is about to join the network. We’re getting closer. The box opens soon.
After announcing integrations with @StellarOrg and @hedera, we’re continuing to expand the network. Another chain is coming soon. Any guesses which one will be?
Axelar is proud to join the @Mastercard Crypto Partner Program, connecting cross-chain infrastructure with trusted global payments. On-chain payments are going mainstream.
Stellar is now live on Axelar. This integration expands institutional-grade onchain finance, connecting @StellarOrg’s strengths in payments and asset issuance with Axelar’s interoperability layer. At launch, @SolvProtocol, @strongholdpay, and @squidrouter are already live. https://www.axelar.network/blog/axelar-stellar-integration
Circle acquires Interop Labs team, initial developer of Axelar Network https://www.theblock.co/post/382583/circle-acquires-interop-labs-team-initial-developer-of-axelar-network?utm_source=twitter&utm_medium=social
The Coinbase premium for $AXL traded over 80% in the last few days. Congratulations to @jerallaire and @axelar team!
CIRCLE ACQUIRES INTEROP LABS, TEAM BEHIND AXELAR, INCLUDING INTELLECTUAL PROPERTY: WEBSITE
The @interop_labs team has signed an agreement to join @circle. The Foundation thanks Interop Labs for its contributions to the network over the years. The Axelar Network, Foundation, and AXL token remain fully independent. Axelar Foundation is welcoming @CommonPrefix, a leading network contributor, to take over Interop Labs activities and lead development of the network following the closing. The Axelar Network is the most open-source and non-custodial interoperability network in existence today. We look forward to continuing to build alongside a tremendous ecosystem of builders. Read the announcement: https://twitter.com/i/web/status/2000613069207077227
Powerful deep-dive into how Axelar addresses big challenges in compliance, risk management and settlement from @Catalyze_RS See why Axelar is becoming a market leader in providing institutional infrastructure for the next wave of stablecoins and tokenized finance👇
Monad mainnet is coming soon with a native bridge powered by Axelar. We're opening the door to a new era of high-performance onchain finance 🧵 👇 https://t.co/OZEsAhPrbr
With the launch of the XRPL EVM Sidechain, Axelar connected XRPL to 80+ blockchains - opening access to Ethereum, Cosmos & more. Full report 👇 https://messari.io/report/state-of-xrp-ledger-q2-2025
For stablecoins to power global payments, they can’t be stuck on a single chain. Axelar’s Interchain Token Service (ITS) makes it simple: ✅ Launch ✅ Manage ✅ Expand across many networks How asset issuers can unlock the global remittance market 👇 https://www.axelar.network/blog/stablecoin-remittances-cross-border-payments-opportunity https://t.co/sxRDbHBwVR
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