It took seven full days for anyone to realize $4.67 million had walked out of the Axelar to Secret Network bridge.
The drain happened on June 10, and nobody on either side noticed until June 17, when a routine cross-chain transfer failed and someone went to check the escrow balance on the Axelar side. The account was empty. Because Secret Network is built around a privacy-by-default design where contract state and transaction details are shielded from public view, the on-chain footprints that usually tip off security researchers within minutes were simply invisible.
That gave the attacker an entire week of...
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