Gravity Bridge was attacked, resulting in approximately $5.4 million in losses.
Coinpedia
05-30 17:11
Ai Focus
Gravity Bridge was attacked, with approximately $5.4 million in assets stolen. The attackers still control approximately 2,102 ETH.
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Another security incident has occurred in cross-chain bridge infrastructure. Gravity Bridge was recently attacked, resulting in the theft of approximately $5.4 million in digital assets. On-chain investigators stated that some of the funds have already been transferred through exchanges and token exchange services, and the attackers currently retain control of most of the remaining assets.

The stolen assets include USDC and ETH.

The losses primarily involved stablecoins and Ethereum assets. The disclosed stolen funds include approximately $4.3 million in USDC, 274 ETH (worth approximately $553,000), and approximately $434,000 in USDT.

In addition, approximately $64,000 worth of PAYG tokens were transferred out. Overall, stablecoins accounted for the majority of the losses.

The attacker still holds approximately 2102 ETH.

The investigation revealed that some of the stolen funds had been transferred to cryptocurrency exchanges and redemption services, which typically increases the difficulty of subsequent tracking and freezing. However, the attackers still control approximately 2,102 ETH, worth about $4.23 million according to the article's calculations.

This means that although some assets have already been transferred, a considerable proportion of funds remain in traceable addresses, and the progress of subsequent disposal still depends on on-chain monitoring and platform collaboration.

The risks of cross-chain bridges have been exposed again.

This incident once again highlights the ongoing security pressures faced by cross-chain infrastructure. Cross-chain bridges are responsible for transferring assets between different blockchains, and vulnerabilities in them often lead to significant financial losses.

Next, investigators and platform operators are expected to continue tracking the relevant addresses and attempt to recover the remaining assets.

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