Gravity Bridge Drained of $5.4M in Latest Cross-Chain Exploit

Gravity Bridge Drained of $5.4M in Suspected Key Compromise: Report

A reported $5.4 million drain at Gravity Bridge points to a suspected key compromise, raising fresh questions about bridge security and user impact.

Gravity Bridge Loses $5.4 Million in Suspected Signing Key Compromise — Hackers Drain Multi-Asset Pool – CryptoGazette

# Gravity Bridge Loses $5.4 Million in Suspected Signing Key Compromise — Hackers Drain Multi-Asset Pool Attackers drained about $5.4 million from Gravity Bridge’s Ethereum-side contract early on May 30, with on-chain investigators pointing to a compromised signing key instead of a smart contract flaw. The exploit marks the latest in a string of cross-chain bridge attacks that continue to plague the industry. The drain removed $4.3 million in US…

Gravity Bridge Faces $5.4M Exploit As Hacker Launders Funds Through ChangeNow And Binance

PeckShieldAlert, an industry-leading blockchain and Web3 security company, has reported that Gravity Bridge was drained of around $5.4 million in a suspected exploit. Gravity Bridge is an open-source, decentralized blockchain that joins the Ethereum and Cosmos ecosystems. The primary objective is to make the crypto community vigilant about the Gravity Bridge exploit for tracking the stolen funds on-chain. #PeckShieldAlert The @gravity_bridge ha…

Gravity Bridge Exploit Sparks Key Breach Concerns

Gravity Bridge is investigating a suspected $5.4 million exploit after security researchers detected unusual withdrawals involving USDC, ETH, USDT, and PAYG. Early findings suggest a possible compromise of bridge authorization or signing mechanisms, adding to growing concerns over cross-chain bridge security following several major exploits this year.

CoinStats - Cosmos-based Gravity Bridge drained of $5.4 m...

The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.

Alephium Bridge Hacked for $815,000 in 7 Minutes as Compromised Guardian Keys Enable Forged Token Transfers

Roughly $815,000 in digital assets moves out of the Alephium TokenBridge on Ethereum and into a single wallet address in barely 7 minutes. No flash loan. No smart contract exploit. Just three compromised keys and a bridge architecture that hands full authority to whoever holds them. How the attack unfolds: According to Blockaid monitoring, the attacker gains access to three out of four guardian keys securing Alephium’s private Wormhole fork and …