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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Cardano founder Charles Hoskinson has hinted that a major partnership for Midnight could soon be…
Less than 24 hours after CME Group announced plans to sue the Commodity Futures Trading…
Story Highlights The Live XVG Price Is In 2026, XVG’s price jumped to $0.0150 due…
A former Ethereum Foundation contributor has warned that Ethereum’s development ecosystem could face a funding…
Story Highlights The live price of Axie Infinity crypto is . AXS price could trade…
Story Highlights The live price of 1 Inch network crypto is . 1inch Network token…
