Polkadot Reportedly Hit by Exploit as Attacker Mints 1 Billion DOT Tokens
Polkadot (DOT) has reportedly fallen sufferer to an exploit after an attacker minted 1 billion DOT tokens.
According to onchain tracker Lookonchain, the attacker then dumped your complete provide in a single transaction, netting 108.2 ETH (roughly $237,000), in accordance with onchain analyst Lookonchain.
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Wu Blockchain, citing CertiK, famous that the assault was a vulnerability within the Hyperbridge gateway that allowed the attacker to forge messages and manipulate the administrator of a Polkadot token contract on Ethereum.
The attacker used this entry to mint unauthorized tokens after which swap them for ETH in a single transfer. The incident raises contemporary considerations about crypto safety.
This is a creating story, and additional particulars might be up to date as extra info turns into out there.
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