Crypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, But Can Only Cash Out $237K
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 $237,000 on account of low liquidity….