Attacker Exploits Cross-Chain Vulnerability, Mints $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. 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 them for around…
April 13, 2026, 7:16 a.m.