ZetaChain Pauses Mainnet Cross-Chain Transactions After Attack On GatewayEVM Contract Sparks Fresh Bridge Security Fears

CoinLive
2026.04.28 05:01
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ZetaChain has paused cross-chain transactions on its mainnet following an attack on its GatewayEVM contract, which affected internal team wallets but not user funds. The network is investigating the incident, which has raised concerns about bridge security in the DeFi space. Initial estimates suggest losses of around $300,000, although ZetaChain has not confirmed this figure. The attack comes amid a surge in crypto-related exploits, with over $606 million lost in April 2026 alone, highlighting vulnerabilities in cross-chain bridges.