Short News View Non-AMP

Gravity Bridge Exploit Results in $5.4 Million Crypto Loss

Published by
Nidhi Kolhapur

Gravity Bridge was exploited in a security breach that resulted in the theft of approximately $5.4 million in digital assets. The stolen funds included about $4.3 million in USDC, 274 ETH worth roughly $553,000, $434,000 in USDT, and PAYG tokens valued at around $64,000. Blockchain investigators reported that part of the funds has already been moved through crypto exchange and swapping services, while the attacker still controls about 2,102 ETH worth approximately $4.23 million. The incident highlights ongoing security risks facing cross-chain infrastructure. Next, investigators and platform operators are expected to track and attempt to recover the remaining assets.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Crypto Market Could Eye $3.30T After CLARITY Act Vote

The crypto market could be heading into a crucial September as the Senate prepares to…

September 10, 2026

Ripple [XRP] News: Does David Schwartz’s Comment Put $15 to $50 XRP Back on the Table?

Ripple CTO David Schwartz reignited XRP's flippening debate this week, telling a Twitter Spaces audience…

September 10, 2026

MARA Stock: Shares Fall As Bitcoin Drops Below $77,000, Short Squeeze Setup In Focus

MARA Holdings (NASDAQ: MARA) stock declined Thursday alongside falling digital asset prices and broader market…

September 10, 2026

Is COIN Stock Truly Ready To Reclaim $225?

COIN stock isn't reacting much to Coinbase's latest expansion, and that's becoming harder to ignore.…

September 10, 2026

KAS Price Eyes $0.076 as Kaspa Activity Picks Up

The KAS price is finally getting some help from the network itself. Kaspa’s 30-day transaction…

September 10, 2026

Nvidia Stock Price Falls 2.3% Despite d-Matrix Partnership

Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix.…

September 10, 2026