Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
Tag: Qubit
Bunny Finance and Qubit Resort to DAO, Aiming to Restructure not Disband
DeFi protocols Bunny Finance and Qubit announced plans of “restructuring.” The joint statement revealed that the two projects, governed by the development team until recently, will now be managed by a...
Bunny and Qubit turns to DAO following $80 million bug exploit
The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO). In an official medium post published on Friday, ...
Qubit Finance Lost $80 Million In A Crypto Heist
Hackers exploited Qubit Finance’s protocols, a Decentralized Finance project (DeFi), and stole $80 million worth of cryptocurrencies on Thursday, making it the most famous crypto heist of 2022 to date...
Qubit Finance Crypto Platform Hacked; A Lot of Money Is Gone
It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. T...
DeFi platform Qubit Finance begs hacker to return $80 million in stolen funds
The loss of funds has a profound effect on many people Hacker stole 206,809 binance coins It is worth more than $80M Losing $80 million worth of BNB tokens in a new hack, Qubit Finance joined the app...
Hackers Siphon Off $80 Million in Cryptocurrency from Qubit DeFi platform
Decentralized finance is often considered hackproof. However, hackers are an ingenious lot and have devised methods to breach the seemingly invincible fortress of cryptocurrency. In the latest hack co...
$80M Stolen From BSC-Based Qubit Finance In Latest DeFi Hack
A hacker has stolen $80 million in Binance Coin (BNB) after exploiting a critical vulnerability issue in the smart contract code deployed by decentralized finance (DeFi) protocol Qubit Finance on its ...
DeFi protocol Qubit Finance exploited for $80 million in a recent hack
Losing $80 million worth of BNB tokens in a recent hack, Qubit Finance joined the unfortunate list of exploited DeFi protocols on Binance Smart Chain (BSC). The DeFi lending protocol reported the inci...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date – Bitcoin News
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
BSC-Based DeFi Project Qubit Finance Exploited for $80 Million in BNB
The Binance Smart Chain-based protocol Qubit Finance reported being hacked for $80 million worth of BNB. The attackers managed to create the illusion that they had deposited large amounts of xETH coll...
Qubit Finance losses $80M in latest DeFi exploit
TL:DR Breakdown: About $80 million in crypto assets were stolen from Qubit Finance’s bridge. The hacker exploited an error in the protocol’s code to mint and borrow assets with zero funds deposited. A...
Binance Smart Chain Protocol Qubit Finance Hacked For $80M
Key Takeaways A hacker has stolen 206,809 BNB worth $80 million from Qubit Finance. The hacker exploited a vulnerability on the protocol’s Ethereum bridge. The Qubit team has offered a bounty of...
Qubit Finance suffers $80 million loss following hack
High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers. Hackers we...
Ethereum-BSC bridge of Qubit Finance exploited, lost $80 million
The cross-chain bridge of DeFi protocol Qubit Finance, called X-Bridge, has been exploited and lost $80 million in the process. X-Bridge facilitates swapping tokens from Ethereum to Binance Smart Chai...
DeFi Protocol Qubit Finance Hacked, Lost $80 Million
Qubit Finance, a Binance Smart Chain-based decentralized finance (DeFi) protocol, was recently attacked, resulting in the theft of more than $80 million worth of cryptocurrencies Cryptocurrencies ...
DeFi Protocol Qubit Finance Exploited For $80M
Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post. “The hacker minted unlimited xETH to borrow on BSC. The team ...