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JUST IN: Attacker creates 1 billion Polkadot tokens on Ethereum, ends up stealing only $250,000.
A forged cross chain message bypassed proof of state validation in the bridge contract, granting administrative control over the bridged DOT token and allowing the attacker to mint and sell the entire supply for $237,000.
The vulnerability, which did not affect the Polkadot mainnet or native DOT, exploited a faulty cross chain message validation path to gain administrative control of the bridged token contract.