DeFiBearishThe Block · 3h ago7/10
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Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
Gravity Bridge, a Cosmos-based cross-chain bridge, suffered a $5.4 million security breach attributed to a compromised private key. The attacker extracted USDC, ether, tether, and PAYG tokens, subsequently laundering portions through exchange services ChangeNow and Binance, highlighting continued vulnerability in bridge infrastructure.
$ETH