Attacker Exploits Hyperbridge Vulnerability, Mints $1 Billion in Polkadot Tokens, but Only Profits $250,000
Cryptocurrency hacks are a common occurrence, but it's rare for attackers to take significant risks and walk away with relatively small gains. However, this unusual scenario unfolded on Sunday when an attacker exploited a vulnerability in Hyperbridge's cross-chain gateway, connecting various blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and subs…
April 13, 2026, 7:16 a.m.