It looks like bridged DOT by Polkadot has just been exploited on Ethereum!
It looks like bridged DOT by Polkadot has just been exploited on Ethereum! Admin changed to the attacker's contract, 1 BILLION DOT minted and immediately dumped. Price went from $1.22 to almost zero. And it looks like the bridge is just allowing infinite minting now. Total damage is whatever was in the LP. First attack took $240k that probably was the majority of it… Although the full damage may also be the value of the entire supply of bridged DOT on ethereum (which i'm not sure of now due to lots of post attack minting)… • https://x.com/officer_secret/status/2043553945453297703?s=46 #se…
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