Attacker Exploits Polkadot Token Vulnerability on Ethereum, Nets Only $250,000
Cryptocurrency hacks have become increasingly common, but instances where attackers assume significant risk only to reap minimal rewards are rare. Such a scenario unfolded on Sunday, when an attacker exploited a vulnerability in the Hyperbridge 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.