Attacker Exploits Cross-Chain Vulnerability, Steals $250,000 Despite Minting $1 Billion in Polkadot Tokens
Cryptocurrency hacks are not unusual, but instances where attackers take significant risks only to gain minimal rewards are rare. Such a scenario unfolded on Sunday, when an attacker exploited a weakness in a cross-chain gateway to mint 1 billion Polkadot tokens, valued at $1.19 billion, on the Ethereum network, and then sold them for approximately $237,000 in ether. This incident highlights the …
April 13, 2026, 7:16 a.m.