Polkadot-based Hyperbridge revises exploit losses to $2.5 million, ten times initial estimate

nedimesken

Hyperbridge has raised its loss estimate from $237,000 to $2.5 million after a Token Gateway exploit, with some funds traced to Binance.

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Hyperbridge attacker mints 1B bridged Polkadot tokens in $237K exploit

nedimesken

A Hyperbridge exploit let an attacker mint 1 billion bridged Polkadot tokens on Ethereum and cash out about $237,000, reviving debate over bridge security.

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Attacker exploits Polkadot-based Hyperbridge to mint 1 billion bridged DOT, nets $237K

nedimesken

Upbit and Bithumb have since temporarily suspended deposits and withdrawals of Polkadot’s DOT, citing signs of a security incident.

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