lunaray
Jan 28, 2022

Decentralized lending project Qubit is suspected of being hacked, and the loss may reach 80 million US dollars

The decentralized loan project Qubit is suspected of being hacked, and the loss may reach 80 million US dollars. On January 28, according to official news, Qubit, the lending product of QBridge, a BSC ecological decentralized lending project, was suspected of being hacked. The hackers minted a large amount of xETH collateral and consumed about $80 million in assets in the fund pool.It seems that the codes are not checking for the correct deposit amount from the ETH chain. The hacker passed any amount he wanted in the data parameter. The qubit repeater simply performs extraction on the BSC after wrong data parameters.——Lunaray security Team

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Written by lunaray

Lunaray takes a leading position in smart contract auditing and consulting service for blockchain security.

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