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

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

Crypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, But Can Only Cash Out $237K Price data byDecryptNewsMarketsCrypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, But Can Only Cash Out $237KA hacker exploited a Polkadot bridge, minting $1.1 billion worth of DOT tokens before making a tiny fraction of that tally by selling it.By Logan HitchcockEdited by Andrew HaywardApr 13, 2026Apr 13, 20263 min readSource: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.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

Source: https://decrypt.co/364131/crypto-hacker-mints-billion-polkadot-ethereum-bridge-cashes-out-237k