Gravity Bridge drained of $5.4M in latest cross-chain exploit

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…

An early Ethereum investor has sold roughly $136 million worth of ether and staked-ether tokens over the past week, adding to the selling pressure already weighing on ETH near the $2,000 mark. A Week of Steady Selling The wallet, an early participant holding coins since the network’s first years, sold 55,000 ETH worth about $112.25 […]

A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in the pooled contract is locked out alongside the targeted funds.

Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder Maxim Ermilov. Circle’s Zama Blacklist Freezes $12.6M, Raising Questions About USDC Use in DeFi Contracts The frozen address, 0xe978F22157048E5DB8E5d07971376e86671672B2, […]

In a market where most institutions focus on crypto, Bit Digital appears to have taken a more forward-looking approach by recognizing Ethereum’s strategic importance early on. While many players were still treating ETH as a secondary asset, Bit Digital began positioning itself around ETH’s long-term potential as the backbone of decentralized finance, staking, and tokenized […]

ZeroTier CEO warns adversaries are already harvesting encrypted crypto authentication data for future quantum decryption. Google targets 2029 for post-quantum migration, citing store-now-decrypt-later attacks as an immediate and credible threat. Ethereum has launched a post-quantum migration plan, but Bitcoin and major crypto exchanges have yet to commit to one. ZeroTier CEO Andrew Gault says quantum […] The post ZeroTier CEO Says Quantum Attackers Are Already Collecting Crypto Data appeared first on Live Bitcoin News.

The post Ethereum’s ‘deeper problem’ – It’s not just macro risk weighing ETH down appeared on BitcoinEthereumNews.com. On Thursday, Ethereum’s price briefly dropped below $2000 for the first time since late March. In doing so, the king altcoin effectively erased all its Q2 gains. At the time of writing, it was down 19% from its April peak of nearly $2.5K. This week alone, the altcoin has shed 6% of its value.  Should it lose the Q2 support zone of $2K, short sellers could push it lower to $1.8K—the range low of the 2026 sideways structure.  The pullback mirrored a broader macro-driven correction that also dragged Bitcoin lower. However, according to Nansen, ETH’s weakness showed a “deeper problem.”  Source: ETH/USDT, TradingView  Negative ETH catalysts: ETF outflows, low network activity In an email statement, Nansen Research analyst Nicolai Sondergaard told AMBCrypto,  Gas fees are sitting below 2 gwei, near cycle lows, which signals that network demand is soft. Fewer people are trans

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 […]