Hyperbridge Says Attacker Forged Proofs and Minted 1 Billion Bridged DOT Tokens - The Cryptocurrency Post

Hyperbridge Says Attacker Forged Proofs and Minted 1 Billion Bridged DOT Tokens - The Cryptocurrency Post

Hyperbridge said an attacker forged proofs, took control of the bridged DOT contract on Ethereum and minted 1 billion bridged DOT tokens in what the project described as a security incident. The protocol published the update in its official security notice. The project’s statement centers on a failure in the cross-chain verification path rather than a routine token issuance event. According to the update, the attacker was able to bypass the cont…