Stories tagged $SCRT

Secret Network Mints 1.08B SCRT, Diluting Holders by 75%

zippfeed.com

🩸BEARISH

28d ago

Secret Network Mints 1.08B SCRT, Diluting Holders by 75%

The 1.08B-SCRT mint gives the community-backed chain runway, but 308M SCRT unlocked on day one and a fresh 5% inflation rate make the Sept. 1 handoff a survival test the chain may not pass.

CryptoSlate

Secret Network's Axelar bridge drained for $4.67M in exploit

zippfeed.com

🩸BEARISH

92d ago

Secret Network's Axelar bridge drained for $4.67M in exploit

Encrypted balances hid the shortfall for a week — the real cost is the absent monitoring layer and a $770K recovery window Axelar has declined to act on.

TheBlock