Attacker Exploits Hyperbridge Vulnerability, Mints $1 Billion in Polkadot Tokens, but Only Nets $250,000
While cryptocurrency hacks are common, instances where attackers take significant risks only to gain minimal rewards are rare. Such a scenario occurred on Sunday, when an attacker exploited a vulnerability in the Hyperbridge cross-chain gateway, which connects multiple blockchains, resulting in the minting of 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network. The attacke…
April 13, 2026, 7:16 a.m.