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Polkadot Hyperbridge April Fools’ joke comes true as over 1 Billion fake DOT tokens were minted on Ethereum

Hyperbridge, a decentralized bridge connecting the Polkadot ecosystem to the Ethereum network, suffered a major security breach that allowed an attacker to mint 1 billion unauthorized DOT tokens. However, the hacker’s potential multimillion-dollar payday was drastically cut short to around $240,000 as there simply was not enough liquidity to cash out the fabricated assets. While the direct financial losses from the e…

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