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TechFlow News: On April 13, PeckShieldAlert reported that approximately one billion Polkadot (DOT) tokens were minted and dumped on the Ethereum network.
According to CertiK’s monitoring, the Hyperbridge gateway contract was compromised. The attacker forged messages to alter the admin privileges of the Polkadot token contract on Ethereum, then minted and sold one billion tokens, netting roughly $237,000.
According to PeckShieldAlert monitoring, approximately 1 billion Polkadot (DOT) tokens have been minted and dumped on the Ethereum network. Details of the incident are still under further verification. According to CertiK monitoring, the Hyperbridge gateway contract was attacked; the attacker forged messages to tamper with the admin privileges of the Polkadot token contract on Ethereum, and profited approximately $237,000 by minting and selling 1 billion tokens.
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