$1.29
1.12% (24h)
0.00001693
1.93% (24h)
Public notice
According to CertiK, there's an exploit on the Hyperbridge gateway contract on Ethereum.
The attacker forged a cross-chain message, gained unauthorized admin rights over the bridged Polkadot (DOT) token contract, and minted approximately 1 billion tokens.
For full details and on-chain transaction, please refer to the post here.
Overview
| All-Time High | $54.98 Nov 4, 202197.65% |
| All-Time Low | $1.15 Apr 15, 202612.24% |
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What is Polkadot (DOT)
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.
Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).
