Hacker Exploits Polkadot Token Bridge on Ethereum, Makes Off with $250,000
Cryptocurrency hacks have become increasingly common, but instances where attackers take significant risks only to gain minimal rewards are rare. Such an incident occurred on Sunday, where an attacker exploited a vulnerability in the Hyperbridge cross-chain gateway, which connects various blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and subsequ…
April 13, 2026, 7:16 a.m.