In his post on his Qubit FinanceTwitter account, which is a Decentralized Finance (DeFi) protocol, he stated that 206,809 Binance Coins (BNB), worth over $80 million, were stolen from the Qbridge protocol.
Unlimited on share as a hacker borrows from Binance Smart Chain (BSC) xETH you mint Saying that, Qubit Finance also added the address where they were hacked to the post.
To the amount stolen from the protocol acting as a bridge from Ethereum to BSC back delivery to be In response, Qubit Finance told the hacker 250 thousand dollar offered an award.
Prepared by security firm CertiK in the report via hacker’s Qubit bridged ethereum representative qXETH money into QBridge’s smart contract to mint he was laying do like not invested specified.
According to CertiK, the hacker carried out these actions many times and as a result converted all assets into Binance Coin. This is the largest among DeFi protocols, according to DeFiYield Rekt data. 7. There was an attack.
Qubit management has released a statement to inform its users that they are still tracking their assets affected by the hack. The statement also stated that it has disabled features such as deposit-withdrawal, borrowing and bridging until further notice.
After hearing of the attack, the native token of the protocol was last month according to CoinMarketCap data. 30% within 24 hours lost value.