Gravity Bridge may have been hacked, with $5.4M in assets drained

The cross-chain protocol Gravity Bridge is suspected of having been hacked, according to on-chain analyst Specter. Specter suggested that a compromised contract key may have led to the outflow of approximately $5.4 million in various cryptocurrencies. The drained assets reportedly include around $4.3 million in USDC, 274 WETH (worth about $553,000), $434,000 in USDT, and $64,000 in PAYG. The project's team has not yet issued an official statement, and the exact extent of the damage and the cause of the attack are still under investigation.