Gravity Bridge Suspected of $5.4 Million Hack... "Contract Key Leaked"
Circumstances have been captured indicating that the cross-chain bridge project Gravity Bridge suffered a large-scale hacking attack. On-chain analyst Specter r
What to know
- Circumstances have been captured indicating that the cross-chain bridge project Gravity Bridge suffered a large-scale hacking attack. On-chain analyst Specter r
Circumstances have been captured indicating that the cross-chain bridge project Gravity Bridge suffered a large-scale hacking attack.
On-chain analyst Specter reported that this incident likely occurred due to the leak of Gravity Bridge's contract key. As a result, an estimated total of approximately $5.4 million worth of cryptocurrency is believed to have been drained.
The detailed breakdown of the drained assets was tallied as follows: • USDC: Approx. $4.3 million • WETH: 274 WETH (Approx. $553,000) • USDT: Approx. $434,000 • PAYG: Approx. $64,000
The Gravity Bridge project team has not yet released an official statement regarding the current situation. The exact scale of the damage and the specific cause of the attack are expected to be revealed through further investigation.