Gravity Bridge Experiences Security Incident, Estimated Losses Reach $5.4 Million

The Gravity Bridge, a cross-chain bridge, has reportedly been hit by a security breach. On-chain monitoring suggests that the issue may be linked to a contract key leak.

The affected assets include stablecoins such as USDC and USDT, as well as WETH (Wrapped Ether).

According to estimates, around $5.4 million in crypto assets have been stolen in the incident.