🚀 Bridge exploit hits Polkadot—here’s what happened.
A bridged version of $DOT on Ethereum has been compromised through a major exploit.
The attacker minted 1 billion tokens unexpectedly, as flagged by PeckShield.
Soon after, the entire supply was dumped in one transaction, generating 108.2 ETH in profit.
The issue was traced back to the Hyperbridge gateway contract.
According to CertiK, a forged message allowed the attacker to gain admin-level control over the token contract.
This control enabled manipulation of the supply and execution of the exploit.
This event highlights vulnerabilities in cross-chain infrastructure.
Final thought:
Bridges remain one of the most targeted points in crypto systems.