Second major Hyperbridge exploit in ONE DAY crashes bridged DOT from $1.22 to PENNIES

Here's how they did it 🧵

The exploit targeted Hyperbridge... a bridge connecting Polkadot to Ethereum

Attacker forged cross-chain proofs to seize control of the DOT contract

ONE transaction. $0.74 in fees. 1 billion tokens minted.

IMPACT:

📉 Bridged DOT price: $1.22 → pennies

📉 Native DOT: 5-6% dip to $1.15

💸 $728,000 in liquidations

⏸️ Upbit pauses DOT deposits

This was the SECOND attack that day (first was $12k)

🔍 SECURITY FIRMS WARN:

CertiK alerts of forged message risks

✅ Native Polkadot network: SAFE

⚠️ Bridge users: Check your approvals NOW

Cross-chain bridges remain high-risk targets.

$DOT

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