Guavy Logo
Back
Guavy AI Editorial Team••Sentiment: -3•Clout: 85

Unauthorized Minting and Dumping of 1B DOT Tokens on Ethereum

DOTETH

Blockchain security firm PeckShield has sounded an alarm regarding the unauthorized minting and subsequent sale of one billion Polkadot (DOT) tokens on the Ethereum blockchain.

The incident appears to have taken place at 3:55 a.m. UTC on April 13, with some members of the community suggesting that a vulnerability in the Polkadot Bridge may be responsible for this anomaly.