Hyperbridge has updated its estimated losses from a recent attack, raising the figure from approximately $237,000 to $2.5 million. The investigation revealed that attackers extracted about 245 ETH from the TokenGateway contract and bypassed MMR proof verification by forging cross-chain messages, leading to the unauthorized issuance and sale of 1 billion bridged DOT tokens. Hyperbridge has tracked most of the stolen funds to Binance and is collaborating with compliance teams and law enforcement. If recovery efforts fall short, the company has pledged to cover remaining losses through a structured BRIDGE token distribution on April 13, 2027.
Hyperbridge Revises Hack Losses to $2.5 Million, Plans Compensation
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