Polkadot (DOT) Pulses

DOT

Hyperbridge Exploit: 1 Billion Fake DOT Minted on Ethereum — Bridge Security Crisis Hits Leveraged DOT Traders

A forged consensus proof let an attacker mint 1B fake DOT on Ethereum and extract ~$237K — DOT dropped 5.22% to $1.16, liquidating high-leverage longs; native Polkadot is safe but bridge uncertainty keeps risk elevated.

DOT

Hyperbridge Exploit: 1 Billion DOT Minted for $237K — What Leveraged Traders Must Know

An unverified exploit on Polkadot's Hyperbridge reportedly minted 1 billion DOT for $237K; with DOT at $1.20 and down 2.45%, high-leverage longs face cascade risk while confirmation-based short setups align with the 11% drawdown seen in prior Polkadot bridge hacks.