DeFi Protocol Qubit Finance Exploited For $80M (CoinDesk)

Originally published at: https://www.channel-sea.cc/defi-protocol-qubit-finance-exploited-for-80m-coindesk/

Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post. “The hacker minted unlimited xETH to borrow on BSC. The team is currently working with security and network partners on next steps,” developers said in a tweet. The protocol was exploited by;0xd01ae1a708614948b2b5e0b7ab5be6afa01325c7The hacker minted…