Crypto

Polkadot-Ethereum Bridge Hack Losses Were 10x Worse Than Reported, Team Admits

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In brief

  • Hyperbridge’s exploit was about 10x worse than originally feared, with estimated losses now around $2.5 million.
  • The protocol originally reported that there were just $237,000 in funds exploited earlier this week.
  • The bulk of stolen funds have been traced, and the firm is working with…

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