From 'King Project' to Zero Price: 1 Billion Maliciously Minted DOT—Polkadot Faces a Major Blow? Who would’ve thought that DOT, once the cross-chain legend standing shoulder-to-shoulder with Ethereum, would make headlines on social media this morning in such a way: The Polkadot-Ethereum cross-chain bridge was hacked. The attacker tampered with admin permissions, maliciously minted 1 billion DOT, and dumped them onto the market instantly, crashing the price from $1.22 to nearly zero. Although the native Polkadot chain wasn’t directly affected, market confidence has completely collapsed. Cross-chain bridges have once again become the 'Achilles' heel' of the crypto world. Once overlooked and quiet, they’ve now turned into a scene of devastation and regret. When 1 billion DOT appear out of thin air, all technical indicators become worthless.