Crypto

Crypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, But Can Only Cash Out $237K

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In brief

  • A vulnerability on Hyperbridge led to the loss of around $237,000 of bridged Polkadot (DOT) on Ethereum.
  • A hacker gained access to the bridged DOT token contract, allowing them to mint 1 billion tokens valued above $1.1 billion.
  • They then sold the tokens, walking away with only…

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