Attacker Exploits Hyperbridge Vulnerability, Steals $250,000 Despite Minting $1 Billion in Polkadot Tokens
Cryptocurrency hacks have become increasingly common, but instances where attackers take significant risks only to gain minimal rewards are rare. One such instance occurred on Sunday, where an attacker exploited a vulnerability in Hyperbridge's cross-chain gateway, connecting various blockchains, and minted 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, only to sell …
April 13, 2026, 7:16 a.m.