CryptoZinger logo CryptoZinger logo
CoinGape 2022-01-29 07:36:17

Hackers Siphon Off $80 Million in Cryptocurrency from Qubit DeFi platform

Decentralized finance is often considered hackproof. However, hackers are an ingenious lot and have devised methods to breach the seemingly invincible fortress of cryptocurrency. In the latest hack concluded by hackers, a flaw in the smart contract code used in an Ethereum bridge has been exploited. The latest victim is Qubit Finance, a decentralized platform. The post Hackers Siphon Off $80 Million in Cryptocurrency from Qubit DeFi platform appeared first on CoinGape.

Read the Disclaimer : All content provided herein this website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms is for general information purposes only, procured from third party sources. CryptoZinger makes no warranties of any kind in relation to the content, including but not limited to accuracy and updatedness. No part of the content that provided constitutes investment advice, financial advice, trading advice, tax advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on the content is solely at your own risk and discretion. You should conduct your own due diligence, research, review, analyse and verify the content before relying on them. Trading is a highly risky activity that can lead to major losses or all of your investment amount, please consult your financial advisor before making any decision. No content on this website is meant to be a solicitation or offer.