Polkadot Treasury Lost $1.38 Million After XCM Patch Missed Production
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Polkadot’s treasury lost approximately $1.38 million after an XCM patch failed to reach production, distorting pricing in the DOT/dotUSD pool. A subsequent upgrade corrected the stablecoin’s supply accounting without altering holders’ balances. The incident highlights execution risk in cross-chain messaging upgrades, where fixes tested in staging can miss live deployments. DOT and dotUSD pool pricing and treasury holdings are the metrics to watch as the network confirms the repair holds.
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