Reports claiming a Polkadot bridge vulnerability allowed 1 billion DOT to be minted on Ethereum and sold off have been directly contradicted by the bridge operator itself, which confirmed the supposed hack was an April Fools' joke with no breach, no unauthorized minting, and no loss of funds.
Polkadot is a "chain of chains" that lets different blockchains communicate with each other. The web3 vision promises user-owned data and portable social networks, and Polkadot was built to make that happen.
Polkadot is flashing warning signs as bearish pressure intensifies, with price slipping sharply after a clean rejection at a key resistance zone. The latest structure suggests this isn't just a pullback, it could be the start of a deeper downside move toward critical liquidity levels.