Nice summary. I like Osmosis, so a shame to see it stumble like this. I've been thinking about using Axelar maybe as a way to access some stablecoins, so would be interested to see what you find out if you do take a closer look at this bridge.
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I have some of the bridged assets in a couple of the OSMO pools - WETH and WBTC. Just small amounts, but I didn't bridge them over, just bought on OSMO. Bridges and Oracles scare me, so I'm cautious with these funds for now.
I'll try to dig in to Axelar in more detail soon.
Osmosis will bounce back from this - possibly needed the reality check and reminder to take security and testing seriously.
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