Hackers Target And Steal $80M From Qubit Finance

Hackers have recently targeted Qubit Finance, a DeFi (Decentralised Finance) network. The culprits gained access to the network, which is based on BSC (Binance Smart Chain), and stole roughly around $80 million. So far, this is the biggest crypto heist to occur this year.

In a tweet, Qubit Finance acknowledged the robbery and stated that their team is actively discussing what actions to take with their security and network partners, before adding that they shall provide further updates as soon as they become available.

The Qubit team also released a public message to clients informing them that the hacker as well as their stolen assets were being tracked, and that the hacker has since been contacted in order to provide a &39maximum bounty offer&39 and hopefully have the funds be returned to their rightful owners.