CoinsAQ summary · neutral
DOT Plunges 7% in Minutes as Hackers Exploit Polkadot Bridge to Mint 1 Billion Tokens
What happened
Polkadot’s native token plunged by over 7% in minutes after reports emerged that a hacker minted a billion tokens on the Ethereum mainnet and sold them off. The asset traded at $1.24 before it plunged immediately to $1.15, but managed to recover some ground and now trades.
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