Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.
The post Gravity Bridg Hack: Gravity Bridge Pauses Operations After $5.4M Hack appeared on BitcoinEthereumNews.com.
Gravity Bridge halted operations after a $5.4 million hack. Security teams are tracing funds while investigating a suspected key compromise. A major security incident has hit Gravity Bridge, a decentralized blockchain that connects the Ethereum and Cosmos networks. The protocol reportedly lost approximately $5.4 million worth of digital assets in a hack. This led to the validators stopping bridge operations quickly. In the meantime, security teams began their investigation of the attack and traced the stolen money. Hackers Drain USDC, ETH, and USDT from Gravity Bridge According to blockchain security firm PeckShield, the attacker drained several assets from the bridge. About $4.3 million in USDC, 274 wrapped Ether (wETH) worth approximately $553,000, and USDT valued at $434,000 were stolen. The hacker also took 14.164 PAX Gold tokens worth of almost $64,000. Thanks to the
Gravity Bridge halted operations after a $5.4 million hack. Security teams are tracing funds while investigating a suspected key compromise. A major security incident has hit Gravity Bridge, a decentralized blockchain that connects the Ethereum and Cosmos networks. The protocol reportedly lost approximately $5.4 million worth of digital assets in a hack. This led to […]
The post Gravity Bridge Pauses Operations After $5.4M Hack appeared first on Live Bitcoin News.
The post Cross-Chain Protocol Gravity Bridge Suffers $5.4 Million Attack — Details appeared on BitcoinEthereumNews.com.
Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly $5.4 million over the weekend. This latest security breach joins the growing list of exploits suffered in the decentralized finance (DeFi) space so far in 2026. Gravity Bridge Hack Traced To Signing Key Compromise: Investigator On Saturday, May 31st, blockchain sleuth Specter highlighted that Gravity Bridge might have been exploited through what he described as a signing key compromise. For context, a signing key compromise refers to the unauthorized disclosure or theft of a cryptographic key, allowing an attacker to then use it to decrypt sensitive information, forge digital signatures, or gain unauthorized access to systems and, as in this case, funds. The analyst disclosed that the loot included crypto assets worth about $5..4 million,
Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly $5.4 million over the weekend. This latest security breach joins the growing list of exploits suffered in the decentralized finance (DeFi) space so far in 2026. Gravity Bridge Hack Traced To Signing Key Compromise: Investigator On Saturday, May 31st, blockchain sleuth Specter highlighted that Gravity Bridge might have been exploited through what he described as a signing key compromise. For context, a signing key compromise refers to the unauthorized disclosure or theft of a cryptographic key, allowing an attacker to then use it to decrypt sensitive information, forge digital signatures, or gain unauthorized access to systems and, as in this case, funds. Related Reading: AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack The analyst disclosed that the loot included crypto assets worth about $5..4 million, including $4.3 million in
The post Fake Bridge Messages Let Hacker Drain $815,000 From Alephium appeared on BitcoinEthereumNews.com.
Alephium’s (ALPH) TokenBridge was drained of approximately $815,000 after an attacker exploited a flaw that allowed forged messages to pass through the protocol’s guardian network and authorize fraudulent token transfers. The Alephium team confirmed that blockchain security firm Blockaid was the first to detect the exploit. The Security Alliance’s SEAL_911 emergency response unit also provided assistance and responsiveness throughout the subsequent investigation. Exploit Drains $815,000 in Under 7 Minutes The attacker moved funds from the Alephium TokenBridge on both Ethereum and BNB Chain in roughly seven minutes. On Ethereum, losses included 200,967 Tether (USDT), 17,594 USD Coin (USDC), 5.18 Wrapped Ether (WETH), and 0.335 Wrapped Bitcoin (WBTC). An additional 36,750 USDT and 24.386 Wrapped BNB were removed from the BNB Chain side of the bridge. The attacker also minted 13.76 m
The post ATOM’s Relative Strength: Cosmos Moves Without Altseason appeared on BitcoinEthereumNews.com.
Most traders are conditioned to wait for “altseason” before touching anything outside BTC or ETH. But Cosmos assets often move to their own rhythm. The question is how to recognize and trade that relative strength without relying on a market-wide melt-up. This article maps the mechanics that let ATOM and Cosmos tokens trend on localized catalysts, shows where the liquidity sits on-chain, and offers a step-by-step plan to express a view with tight risk controls. It’s informational, not investment advice.
Aspect What to Know
Market signal ATOM’s 30‑day change sits around +3.6%, a modest but positive drift even as broader majors chop (CoinGecko (Cosmos Hub / ATOM page)).
On-chain liquidity Cosmos-native DEX liquidity and fees show real usage: Osmosis 30‑day volume ~$127.85M, fees ~$247,991, TVL ~$17.42M (DeFiLlama (Osmosis DEX page)).
ATOM in AMMs Specific ATOM pools like H
The post Cosmos-Based Gravity Bridge Halts After Reported $5.4M Exploit appeared on BitcoinEthereumNews.com.
Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge. Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that the bridge contract key may have been compromised. “It appears the Gravity Bridge contract key may have been compromised, resulting in the theft of $5.4M,” Specter wrote. Security firm PeckShield also confirmed the exploit in a post, breaking down the stolen assets as approximately $4.3 million in USDC (USDC), 274 Wrapped Ether (WETH) worth roughly $553,000, $434,000 in USDt (USDT) and 14.164 PAX Gold (PAXG) tokens worth about $64,000. Source: PeckShield PeckShield reported that a portion of the haul had already been laundered through instant-swap service ChangeNow and through Binance, whi
The post Ripple architect says XRPL can go underground if states attack appeared on BitcoinEthereumNews.com.
Ripple CTO Emeritus David Schwartz has outlined how the XRP Ledger could respond if a state-level attack targeted validators, node operators or core network infrastructure. Summary David Schwartz said XRPL could adapt if state pressure targeted validators or network operators. The plan points to Tor, I2P and reserve nodes as possible tools during extreme attacks. The debate follows recent XRPL upgrade, validator and decentralization discussions across the ecosystem. Schwartz made the comments during a discussion about whether a blockchain can survive pressure from an authoritarian state. The question focused on what would happen if authorities started raiding nodes or forcing operators offline. I don’t think that would be very effective unless they could make it so that nobody was brave enough to run a validator. Operators would just be replaced. Validators could become anonymou
