« Reports in 2022 »

296 reports

2022-02-01 • Merklescience

An attacker exploited Qubit Finance's QBridge protocol on January 27, 2022, draining roughly $77 million to $80 million in assets by minting qXETH without depositing corresponding ETH. The source attributes the failure to QBridge deposit logic that accept…

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2022-02-01 • Qubit Finance

Qubit’s fourth exploit report narrows on the attacker’s later laundering path after funds were moved from an earlier BSC wallet to a new address. The exploiter swapped portions of the stolen assets through PancakeSwap and Ellipsis, bridged value via Celer…

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2022-02-01 • Qubit Finance

Qubit’s third exploit report traces the post-exploit movement of stolen assets after the team stopped service and began monitoring the exploiter with security partners. The attacker used the QBridge deposit logic bug to create xETH on BSC without depositi…

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2022-01-31 • Qubit Finance

Qubit’s second exploit report explains that QBridge contracts were deployed in late November 2021, audited in December, and then upgraded to add direct ETH deposits instead of WETH. The team says the obsolete deposit function unintentionally remained afte…

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2022-01-29 • Slowmist

SlowMist analyzed the January 2022 Qubit Finance exploit, which caused roughly $80 million in losses through QBridge. The attacker supplied the resourceID for cross-chain ETH but called the ordinary token deposit path rather than depositETH, bypassing the…

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2022-01-28 • Qubit Finance

Qubit reported that its QBridge deposit function was exploited after an obsolete deposit path remained active when depositETH support changed ETH handling to a zero address. The attacker sent 16 Ethereum-side deposit transactions and corresponding BSC vot…

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