Hyperbridge exploit losses revised to $2.5 million

Polkadot-based Hyperbridge has significantly increased its estimated losses from a recent exploit to approximately $2.5 million, a tenfold increase from the initial $237,000 figure. This revised assessment accounts for losses across multiple incentive pools on various blockchains, including Ethereum, Base, BNB Chain, and Arbitrum, which were not included in the initial report. The exploit involved a forged cross-chain message that bypassed security protocols, allowing an attacker to mint and sell a large quantity of bridged DOT tokens. Recovery efforts are underway, with a portion of the stolen funds traced to Binance.