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10 Billion DOT Dump Sees Only $237,000 Cashout, Hyperbridge Cross-Chain Gateway Hit by Fake News Attack

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On April 13, CertiK monitoring revealed that the Hyperbridge cross-chain gateway contract on Ethereum was exploited in a vulnerability attack. Attackers manipulated the admin permissions of the Polkadot token contract by forging messages, minted 10 billion DOT tokens, and dumped all of them—ultimately netting a modest profit of just around $237,000. The profit was far lower than the minted value due to extremely limited on-chain liquidity: intense selling pressure immediately crashed the price from $1.22 to nearly zero, making most of the minted tokens nearly illiquid. The attack targeted the bridged version of DOT assets on Ethereum, not the Polkadot native chain itself. To date, neither Hyperbridge nor the official Polkadot team has issued a formal response.
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Iranian Military: Regional Port Security Should Be ‘Either Everyone’s or No One’s’

On April 13 (local time), CCTV News reported that a spokesperson for Iran’s Armed Forces’ Hatam Anbia Central Command stated the security of Persian Gulf and Gulf of Oman ports “is either for everyone or no one.” Analysts say the Iranian military’s comments target prior U.S. statements about blocking Iranian port vessels and restarting strikes against Iran.

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**April 13 –** Ibrahim Azizi, head of Iran’s Parliamentary National Security Committee, said in an April 12 local-time interview that the U.S. failed to negotiate in good faith during talks in Islamabad, Pakistan, from April 11 to 12. Instead, Washington attempted to impose its will on Tehran under the guise of diplomacy, he added. Azizi noted Iran engaged with the U.S. amid deep distrust, firmly defending the Iranian people’s interests on nuclear issues, the Strait of Hormuz, sanctions relief and other core demands. When the U.S. recognized Iran’s resolve, it backed down, he stated.

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Iranian Armed Forces Spokesman Hatami: Confronting the threat from the United States, Iran will decisively implement the "Permanent Mechanism to Control the Strait of Hormuz".

April 13: A spokesperson for Iran’s Armed Forces’ Hattam Anbiya Central Headquarters stated Iran will decisively implement a “permanent mechanism to control the Strait of Hormuz” in response to U.S. threats, per Golden Finance.

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April 13: European stocks opened lower, per Bitget market data. The Euro Stoxx 50 index fell 1.02%, Germany’s DAX dropped 1.42%, the UK’s FTSE 100 was down 0.5%, Spain’s IBEX 35 declined 1.06%, and France’s CAC 40 slid 0.89%.

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Former Official Says US-Iran Talks Stalled Over Israel

April 13 (CCTV International News) — Joe Kent, former director of the U.S. National Counterterrorism Center, said in a late-night post on April 12 local time that U.S.-Iran talks could have succeeded, but demands for "zero uranium enrichment" caused the negotiations to break down. He called for sticking to U.S. demands — not Israel’s position — to salvage the situation within the remaining 9-day ceasefire window. Kent noted the U.S. government’s red line has never been "zero uranium enrichment" but "Iran not having nuclear weapons" — a point Iran also agrees to. Iran has not sought to develop or acquire nuclear weapons since 2003, he added, and its need to retain uranium enrichment capability makes U.S.-Iran negotiations feasible. His top priority now: restrain Israel, reach an agreement, and open the Strait of Hormuz.

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