Polkadot Price Recovers as Hyperbridge Raises Exploit Loss to $2.5M

• Hyperbridge raised its Token Gateway exploit loss estimate.
• Polkadot said the incident affected only bridged DOT through Hyperbridge, while native DOT remained untouched.
• Polkadot price recovered from an early drop and held above $1.33.

After an exploit that took place within Hyperbridge Token Gateway, the initial estimates have been raised. While the initial exploit sent Polkadot’s price 3% down, the fresh estimates have caused limited changes in the market price. This new estimate comes as Polkadot trades almost 100% below its all-time high. 

Hyperbridge Exploit Recap: What Happened to Bridged DOT?

Hyperbridge has raised its April 13 exploit loss estimate to about $2.5 million after a wider cross-chain review. The project had first reported about $237,000 in losses from early visible activity. Polkadot then confirmed the incident affected only DOT bridged through Hyperbridge to Ethereum. Hyperbridge said it reviewed transactions across Ethereum, Base, BNB Chain, and Arbitrum before revising the figure. Th...