Gravity Bridge loses $5.4 million due to suspected key signature hack

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It drained about 5.4 million dollars from the Graphite Bridge contract on the Ethereum side of Ethereum in the Graphite Bridge contract on the Ethereum side in the May contract. The researchers pointed out on the network that the problem is caused by a jammed signature key.

4.3 million US dollars from USD Coin (USDC) and 274 ethereum (eth) worth 553.0 lar were removed during the exploitation. 553.0 lar was also taken by the company PeckShield, 434.000 dollars from Tether (USDT) and PAYG tokens worth 64.000 dollars.

within the process of selecting the geographic bridge

The money was drained from the contract secured by Graphite Bridge on Ethereum, with special features that allow the required withdrawals. اشار المحلل على الشبكتر Specter to the incident first, including the headlines of the attackers.

PeckShield said that the buyer transferred part of the proceeds via ChangeNow and Binance to hide the source. Cyvers Alerts and other online observers confirmed these numbers shortly thereafter.

#PeckShieldAlert U @gravity_bridge was drained of ~$5.4M, including $4.3M $USDC274 $ETH (~$553K), $434K $USDT & 14,164 $PAYG ($64,000)

The hacker laundered some of the stolen assets through it #Change now & #Binanceand still holds 2,102K $ETH (~$4.23M). pic.twitter.com/NJSNqc0G78

– PeckShieldAlert (@PeckShieldAlert) May 30, 2026

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The attacker changed most of the stable currencies to eth and now controls about 2,102 eth and the remaining 3 million dollars.

Al-Zor is the weakest point in digital currencies

Connects the Ethereum Bridge to the Cosmos system via IBC, enabling assets such as Cosmos via IBC, enabling assets such as when chained. The total value reserved in the prison was about 11.5 million dollars before withdrawal.

The previous attacks on the bridges between the chains such as Ronin and Poly Network revealed how the keys the keys the keys the keys the keys the broken keys have a single point of failure.

PeckShield has previously won eight major asset deals totaling $328.6 million.

include the previous events اختراق Jasr Meter And the pattern is wider than the failure of the keys of the righteous across the sector.

Stablecoin issuers can blacklist titles within minutes. Recovering money that goes through non-custodial services like ChangeNow is more difficult.

The remaining stock of eth remains fully traceable on Etherscan but is still fully transferable to other networks.

لم تصدر فرق جرافيتي بريدج ردًا عامً.

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