Observer on Telegram: “🛡 UPDATE: Hyperbridge Revises Losses to $2.5M A…”

Post #7118 3.85K Apr 16, 2026, 16:01 UTC

Observer 🛡 EXPLOIT: Polkadot Hit, Attacker Mints 1B $DOT and Dumps Instantly Someone exploited @Polkadot and minted 1 billion $DOT out of thin air, immediately dumping it all in a single transaction for 108.2 $ETH (~$237K). No official statement yet from the team.…

🛡 UPDATE: Hyperbridge Revises Losses to $2.5M Across 4 Chains

What was initially reported as a $237K exploit has ballooned to ~$2.5M, with impacts traced across Ethereum, Base, BNB Chain, and Arbitrum.

Stolen funds have been tracked to Binance and law enforcement is involved. Affected users will be compensated in $BRIDGE tokens.

Would you trust a $BRIDGE token compensation after a $2.5M hack? 👇

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