Hyperbridge Confirms Bridged Polkadot Exploit Was 10x Worse Than First Reported
BeInCrypto
Hyperbridge revised its April 13 exploit losses to $2.5 million, ten times the initial estimate, following further forensic investigation.Summary
Hyperbridge has officially updated the financial impact of its April 13, 2026, exploit, revealing losses of approximately $2.5 million—ten times the initial estimate of $237,000. This revised figure accounts for losses from incentive pools and activity across four EVM-compatible chains. The breach, which exploited a vulnerability in Merkle Mountain Range proof verification, occurred in two phases. Hyperbridge is currently collaborating with Binance and law enforcement to recover assets, stating that if these efforts are insufficient, affected users will be compensated with native BRIDGE tokens by April 2027.
(Source：BeInCrypto)