Blockchain monitoring platform Specter reports that approximately $91,000 of the stolen funds from the Gravity Bridge exploit have been frozen with assistance from ChangeNOW.
š Stolen Assets:
ā¢ $4.3M USDC
ā¢ 274 ETH (~$553K)
ā¢ $434K USDT
ā¢ 14.164M PAYG (~$64K)
š° Total Loss: Around $5.4 Million
Despite the freeze, the attacker still controls most of the stolen funds, which have not yet been moved. Initial investigations suggest the breach may have been caused by a contract key leak.
š This incident highlights the ongoing security risks facing cross-chain bridges and the importance of strong key management.