100 million DOT tokens illegally minted and dumped via Ethereum bridge attack

KuCoinFlash

Release Time: 2026/04/13 05:05:41

DOT

$1.120.93%

Summary

On-chain data reveals that 100 million DOT tokens were illegally minted and sold on the Ethereum chain on April 13. Attackers altered admin rights, transferred control to a malicious address, and dumped the tokens, causing the price to drop from $1.22 to near zero. The incident affected the Ethereum bridge, not Polkadot’s main chain. The Fear & Greed Index for DOT has likely plummeted. The Polkadot team has not yet commented.

BlockBeats report: On April 13, according to PeckShield monitoring, 1 billion DOT tokens were anomalously minted and sold on the Ethereum chain.

On-chain data shows that approximately one hour ago, the attacker exploited compromised admin privileges to transfer control of the contract to a malicious address, then minted 1 billion DOT tokens and immediately sold them, causing the price to plummet from $1.22 to nearly zero.

The incident is still unfolding, and the Polkadot official team has not yet issued a response. The attack targeted bridge assets on Ethereum, not Polkadot’s native chain.

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