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Tag: Hyperbridge

Polkadot Hyperbridge ‘1B DOT’ Panic Unraveled as April Fools’ Prank, Exposing Fragile Cross‑Chain Liquidity

Newsroom analyst at a desk with monitors showing DOT icons and a Polkadot bridge schematic, illustrating cross-chain liquidity concerns.

Contrary to the prank framing that circulated in some corners of crypto media, the April 13 Hyperbridge incident appears to have been a real bridge exploit, not an April Fools hoax. Polkadot’s forum said the issue affected Hyperbridge’s Ethereum gateway contract, that bridged DOT on Ethereum was hit, and that Hyperbridge was paused while the […]

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