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@CertiKCommunity
#CommunityAlert 🚨

@QubitFin's bridge contract, QBridge, has experience an exploit and minted 77,162 $qXETH worth $80M

QBridge contract on #ETH 👇
etherscan.io/address/0x9930…

Use caution if interacting!

Incident Analysis coming soon
@QubitFin Incident Analysis

The hacker called `deposit()` in the QBridge #eth contract w/o really making any deposit and emitted the Deposit event

The exploit was caused by `tokenAddress.safeTransferFrom` in QBridgeHandler.sol which didn't revert the tx when the tokenAddress is the 0x0.
2. The Ethereum QBridge captured the Deposit event and minted $qXETH for the hacker on #BSC.

The QBridge treats the Deposit event as an event of depositing #ETH because the `deposit` and `depositETH` methods in the #QBridge contract emit the same event.
Read 6 tweets

Related hashtags

#ETH #CommunityAlert #SkyTrace #BSC #QBridge

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