🔥 Another bridge exploit—and this one hits Polkadot hard.
A bridged version of $DOT on Ethereum has just been compromised in a major exploit.
PeckShield reported that the attacker minted 1 billion tokens out of nowhere, instantly inflating the supply.
Within moments, the attacker dumped the entire amount in a single transaction, walking away with 108.2 ETH—roughly $237K.
The vulnerability was found in the Hyperbridge gateway contract. CertiK revealed that a forged message allowed the attacker to gain unauthorized admin control.
With that access, they manipulated the token contract and executed the exploit.
This is a classic example of how bridge infrastructure can become a weak point in crypto systems.
Once again, it shows:
Security in DeFi is only as strong as its weakest contract.