Polkadot Price Falls by 3% After 1B $DOT Exploit

3 days ago 8

Rommie Analytics

  • Polkadot’s $DOT price dropped by more than 3% after a major exploit.
  • 1 billion fake $DOT tokens were minted and then dumped on Ethereum.
  • The exploit is limited to bridges and not core networks.

According to PeckShield, hackers exploited a vulnerability in a Polkadot-Ethereum bridge on April 13, 2026, allowing them to mint 1 billion fake $DOT tokens on Ethereum. The attacker then quickly sold these tokens on decentralized exchanges, taking advantage of low liquidity to generate profit and trigger a price drop in $DOT.

#PeckShieldAlert 1B $DOT minted and dumped on #Ethereum #Polkadot Read Entire Article