In brief

• Hyperbridge's exploit was about 10x worse than originally feared, with estimated losses now around $2.5 million.
• The protocol originally reported that there were just $237,000 in funds exploited earlier this week.
• The bulk of stolen funds have been traced, and the firm is working with law enforcement in the hopes of freezing and recovering assets.

An exploit that led to the minting of 1 billion wrapped Polkadot(