Attacker Exploits Vulnerability, Mints $1 Billion in Polkadot Tokens on Ethereum, but Only Steals $250,000
While cryptocurrency hacks are commonplace, instances where attackers assume significant risk yet gain minimal rewards are rare. Such an unusual scenario unfolded on Sunday, as an attacker leveraged a vulnerability in Hyperbridge's cross-chain gateway, which connects various blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and subsequently sold the…
April 13, 2026, 7:16 a.m.