According to a report by Specter, Odaily, in conjunction with ChangeNOW, has frozen $91,000 of the stolen funds from Gravity Bridge. The attackers still hold the majority of the funds and have not yet transferred them. Previously, it was reported that the Gravity Bridge contract keys were compromised, resulting in the theft of $5.4 million in assets. The assets extracted by the attackers included: $4.3 million in USDC, 274 WETH (worth approximately $553,000), $434,000 in USDT, and $64,000 in PAYG. The addresses involved are 0x7B58...1F9 and 0x4d3c...A47.

Odaily reports that Republican fintech entrepreneur Michael Carbonara sold 10 bitcoins for $800,000 to fund his congressional campaign, demonstrating his support for cryptocurrency in this crucial battle for the election. Beyond the election, Carbonara believes blockchain technology can also help governments improve transparency in how taxpayer money is used. (Decrypt)

According to Huoxun Finance, Republican fintech entrepreneur Michael Carbonara sold 10 bitcoins, raising $800,000 to fund his congressional campaign, demonstrating his support for cryptocurrency in this crucial battle for the election. In addition to election-related matters, Carbonara believes blockchain technology can help governments improve transparency in the use of taxpayer funds.

According to Huoxun Finance, the Cosmos ecosystem cross-chain bridge Gravity Bridge was suspected of being attacked due to a leaked signature key, resulting in the theft of approximately $5.4 million in assets. The official team has confirmed the security incident, immediately suspended bridging services, and launched an investigation. They have also requested validators to suspend the operation of validator nodes and coordinators. It is currently believed that the contract key may have been compromised.

According to Huoxun Finance, analysts citing CryptoQuant data indicate that Binance experienced a net outflow of approximately $1.2 billion from its stablecoin holdings, after two consecutive months of positive inflows, suggesting a continued weakening of liquidity in the crypto market. As the largest crypto exchange, Binance's stablecoin reserves have decreased from $51 billion in November 2025 to $44 billion. Analysts believe that while Bitcoin has rebounded since the beginning of the year, it has not yet formed a sustainable trend supported by sustained liquidity; the current rebound is more of a technical bounce after being oversold.