Wu Blockchain: DOT hacker netted an estimated $237K from exploit

Hackers illicitly minted one billion Polkadot (DOT) tokens on the Ethereum mainnet and subsequently sold them, Wu Blockchain reported on X. The attack was confirmed to have originated from a vulnerability in the Hyperbridge gateway. The attacker reportedly exploited this vulnerability to forge a message, manipulate administrative privileges on the Polkadot token contract on Ethereum, and then mint a large volume of tokens. These newly minted tokens were immediately sold on the market, a process through which the hacker is estimated to have profited $237,000.