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Attacker Exploits Hyperbridge Vulnerability, Mints $1 Billion in Polkadot Tokens, but Only Manages to Steal $250,000
While cryptocurrency hacks are commonplace, instances where attackers assume significant risks only to gain minimal rewards are rare. Such an unusual scenario unfolded on Sunday when an attacker leveraged a vulnerability in the Hyperbridge cross-chain gateway, which connects multiple blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and subsequently…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Vulnerability to Mint $1 Billion in Polkadot Tokens, but Only Manages to Steal $250,000
While cryptocurrency hacks are not uncommon, instances where attackers take significant risks only to gain minimal rewards are rare. One such incident occurred on Sunday, where an attacker exploited a weakness in a cross-chain gateway to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and then sold them for approximately $237,000 in ether. This incident highlight…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Polkadot Token Bridge, Steals $250,000 Despite Minting $1 Billion in Tokens
Cryptocurrency hacks have become commonplace, but instances where attackers take substantial risks only to gain minimal rewards are rare. Such an unusual scenario unfolded recently. An attacker leveraged a vulnerability in Hyperbridge's cross-chain bridge, which connects various blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network. The attacker then sol…
April 13, 2026, 7:16 a.m.
Tech
Hacker Exploits Polkadot Bridge on Ethereum, but Only Manages to Steal $250,000
Cryptocurrency hacks have become all too common, but it's rare for attackers to take huge risks and end up with relatively modest gains. However, that's exactly what happened on Sunday when an attacker exploited a vulnerability in Hyperbridge's cross-chain gateway, connecting different blockchain networks. The attacker successfully minted 1 billion Polkadot tokens, valued at $1.19 billion, on the…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Vulnerability to Mint $1 Billion in Polkadot Tokens, But Only Manages to Steal $250,000
While cryptocurrency hacks are becoming increasingly common, instances where attackers take significant risks only to walk away with minimal gains are rare. Such a scenario unfolded on Sunday when an attacker exploited a vulnerability in Hyperbridge's cross-chain gateway, which connects different blockchains. The attacker successfully minted 1 billion Polkadot tokens, valued at $1.19 billion, on …
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Hyperbridge Vulnerability, Mints $1 Billion in Polkadot Tokens but Only Profits $250,000
Cryptocurrency hacks have become increasingly common, but instances where attackers take substantial risks only to gain minimal profits are rare. Such a scenario unfolded recently. An attacker identified a vulnerability in Hyperbridge's cross-chain gateway, which connects various blockchains, and proceeded to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network. Howeve…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Polkadot Token Vulnerability on Ethereum, Nets Only $250,000
Cryptocurrency hacks have become commonplace, but instances where attackers take significant risks only to reap minimal rewards are rare. One such incident occurred on Sunday, when an attacker exploited a vulnerability in Hyperbridge's cross-chain gateway, which connects various blockchains, to mint 1 billion Polkadot tokens on Ethereum, valued at $1.19 billion, and subsequently sold them for app…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Hyperbridge Vulnerability, Mints $1 Billion in Polkadot Tokens but Only Nets $250,000
Cryptocurrency hacks have become increasingly common, yet instances where attackers take substantial risks only to gain minimal rewards are rare. Such an unusual scenario unfolded recently. An attacker discovered a vulnerability in Hyperbridge's cross-chain gateway, which enables the transfer of assets between different blockchain networks. The attacker exploited this weakness to mint 1 billion P…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits $1 Billion Worth of Polkadot Tokens on Ethereum, but Only Manages to Steal $250,000
While cryptocurrency hacks are not uncommon, it is rare for attackers to take significant risks and end up with relatively small gains. This unusual scenario occurred on Sunday when an attacker exploited a vulnerability in the Hyperbridge cross-chain gateway, which connects different blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network and sell them for…
April 13, 2026, 7:16 a.m.
Tech
Attacker Exploits Hyperbridge Vulnerability, Steals $250,000 in Polkadot Token Heist
A recent cryptocurrency hack has highlighted the risks associated with cross-chain bridges, with an attacker exploiting a vulnerability in Hyperbridge's gateway to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network. However, due to weak liquidity, the attacker was only able to sell the tokens for approximately $237,000 worth of ether. The exploit, which occurred on S…
April 13, 2026, 7:16 a.m.