
A hacker exploited a vulnerability in the Hyperbridge cross-chain gateway connecting Polkadot to Ethereum. By forging gateway messages and manipulating the token contract’s admin privileges, the attacker created 1 billion unauthorized DOT tokens and sold them on decentralized markets, earning about 108.2 ETH (roughly $237,000) in profit. The incident highlights ongoing risks in cross-chain bridge systems, where flaws in message validation can lead to fake minting and significant losses.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
America’s largest police union, the National Fraternal Order of Police (FOP), and a trio of…
Bitcoin is under renewed selling pressure, and one chart analyst says the coming weeks could…
John Deaton has run for US Senate against Elizabeth Warren. He's also, by his own…
The MEMECORE price is showing signs of life again, but the market isn't convinced just…
Hyperliquid (HYPE) price is trading around $59 after rebounding from the lower boundary of a…
Nobody expected DEXE price to revisit a demand zone so early that has held since…