Someone just exploited Polkadot’s bridge contract on Ethereum.

Sent a fake message, hijacked the admin keys, and minted 1 billion DOT tokens out of thin air.

Then dumped all of it in one transaction and walked away with $237K.

$DOT dropped ~5%. Longs got wiped.

The actual $DOT on Polkadot’s chain is fine. This hit the bridged version on Ethereum only.

But bridges keep getting exploited. Every single cycle.

That’s the real story.

$DOT

DOTUSDT

Διην.

1.19

+0.33%

#Dotusdt #DOT_UPDATE #dot #BinanceSquare #Binance