Search results for "MINT"

Crypto’s most ridiculous robbery? A hacker minted $1 billion in DOT tokens, but only stole $230k

Hackers exploited the Hyperbridge cross-chain bridge vulnerability to mint 1 billion Polkadot (DOT) tokens. The nominal value was over $1.19 billion, but due to insufficient liquidity, they ultimately cashed out only about $237k. The attack was successful because the smart contract did not properly verify messages, allowing the hackers to steal administrative control and mint coins. The incident highlights the key role of market liquidity in the success of arbitrage.
DOT-1,56%
ETH-1,14%
CryptoCity·04-15 12:04

Attacker Mints 1B DOT, Dumps for $237K ETH

A security incident involving the ERC-20 version of Polkadot on Ethereum raised concerns, emphasizing the risks of wrapped and cross-chain assets. An attacker exploited a flaw to mint and dump 1 billion DOT tokens, causing a market collapse and highlighting vulnerabilities in smart contract management.
DOT-1,56%
ETH-1,14%
UNI-2,36%
Coinfomania·04-13 13:30

Resolv Labs Burns 36.7 Million in Hacked USR Following $34 Million Exploit

Resolv Labs destroyed 36.73 million USR stablecoins held by an attacker through a contract upgrade on April 6, 2026, following a March exploit in which a compromised key allowed the attacker to mint 80 million unbacked USR tokens with less than $200,000 in initial collateral and dump approximately 34 million USR for 11,409 ETH (worth roughly $24.5 million).
ETH-1,14%
CRV-1,8%
CryptopulseElite·04-07 03:09
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