Attacker Exploits Vulnerability to Mint $1 Billion in Polkadot Tokens, but Only Manages to Steal $250,000
While cryptocurrency hacks are not uncommon, instances where attackers undertake significant risks only to gain relatively modest rewards are rare. Such a scenario unfolded on Sunday, when an attacker exploited a weakness in the Hyperbridge cross-chain gateway, which connects various blockchains, to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and subsequently…
April 13, 2026, 7:16 a.m.