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Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. On-chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may…
Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield reported. Funds Routed Through Binance and ChangeNow Gravity Bridge, a protocol that moves tokens between Ethereum and the Cosmos ecosystem, lost about $5.4 million in […]
The post Gravity Bridge drained of $5.4M in latest cross-chain exploit appeared on BitcoinEthereumNews.com. An attacker has drained approximately $5.4 million from Gravity Bridge, the cross-chain bridge connecting Ethereum and the Cosmos ecosystem, in what on-chain analysts suspect was a contract key compromise. The theft, which was flagged on May 30 by blockchain security firms PeckShieldAlert and Cyvers, continues a punishing stretch for cross-chain infrastructure. Bridges have repeatedly proven to be the most lucrative targets in DeFi, and Gravity Bridge is the latest to fall. It appears the @gravity_bridge bridge contract key may have been compromised, resulting in the theft of $5.4M. The attacker drained the following assets: USDC: $4.3MWETH: 274 ETH (~$553K)USDT: $434K$PAYG: $64K Theft addresses: 0x7B582033061b96cC3F9421e73a749ED7C62da1F9… pic.twitter.com/nX81rsZYGp — Specter (@SpecterAnalyst) May 30, 2026 What did the attacker take? The attacker siphoned four assets from the bri
