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Qubit Finance suffers $80 million loss following hack -Breaking

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The cryptocurrency market has seen a rise in high-profile hacks. Qubit Finance (formerly Decentralized Finance) is one such protocol that hackers can exploit.

Qubit Finance was accessed by hackers to steal more than $80 Million. Qubit Finance is an online financial institution that relies on the Binance Smart Chain protocol. ConfirmedVia a Friday tweet. Addresses linked to the attack stole 206 809 (BNB), from Qubit’s QBridge protocol. At the time this article was written, assets were worth more than $80 millions.