Feb 22, 2022Qubit Markets ReopeningHey Qubitians, Our developers have been hard at work in order to restore the Qubit service. We would like to share some updates with regard to our next steps. This will hopefully be the start of a new phase for the protocol and the community. 1) The Qubit Locker Contract…Qubit2 min readQubit2 min read
Feb 8, 2022Our Compensation Plan 1First, the Qubit team would like to thank the community individuals, our security partners, and our network partners for all of the support, ideas, and information. Our Actions We and a group of security specialists, blockchain network partners, and crypto exchange contacts are continuing to monitor the exploiter address (and…2 min read2 min read
Feb 1, 2022Protocol Exploit Report 4TL;DR The exploiter swapped all of the assets for ETH. All the funds are now in one wallet(0xd01ae1a708614948b2b5e0b7ab5be6afa01325c7). Timeline Jan-31–2022 09:34:14 PM +UTC, The exploiter moves funds to a new BSC wallet - From address : 0xE56d461F957bB0e81AB6d1c15926Cd9653Aa6333 - New address : 0xE47044A84047A9540956DB668E97D2336B01D006 - Refer to the Transaction [1] at the end of this report…2 min read2 min read
Jan 31, 2022Protocol Exploit Report 3TL;DR All of the funds are still on-chain and they are monitored by the team and our partners. The team working with all of the centralized exchanges to block the transfer of funds off-chain and to identify the exploiter if the attempt is made Timeline Immediately after the incident, the Qubit…4 min read4 min read
Jan 29, 2022Protocol Exploit Report 2First of all, we are deeply sorry about all of the damage and shock that our community has suffered. Some articles are spreading, which were written based on wrong assumptions and speculations. Therefore, we would like to refute those while explaining the detailed history of Qbridge protocol development. Timeline 23…2 min read2 min read
Jan 28, 2022Protocol Exploit ReportThe Qubit protocol was subject to an exploit to our QBridge deposit function. This report includes an analysis of the attack in its entirety in order to ascertain the nature of the exploit and, to prevent any similar exploits in the future. Incident Timeline Jan-27–2022 09:18:55 PM +UTC: 0.8887725 …2 min read2 min read
Jan 7, 2022Strategic Partnership with LexerDear qubitians! We gladly announce that Qubit has entered into a strategic partnership with Lexer, an up and coming derivatives trading protocol. TLDR; Lexer(link) is a one-stop derivatives maker that will give unprecedented ease for trading Leveraged token, Crypto Index, and Option. Lexer will use leveraged positions on the Qubit…Partnership2 min readPartnership2 min read
Jan 6, 2022A year in review and roadmapDear Qubitians, 2021 was an amazing year for Qubit! We’ll be looking back at 2021 and reviewing a number of milestones. We will also discuss the team’s future plans for 2022! TLDR; Milestones Smart contract audits by global security firms(Peckshield and Theori) $250,000 bug bounty program Official launch at the end…Roadmaps4 min readRoadmaps4 min read
Dec 17, 2021X-Collateral Is Here!Dear Qubitians, Cross-chain Collateralization is now a reality! Qubit’s revolutionary X-Collateral feature is ready. This feature enables users to collateralize their assets from other blockchains. …Cross Chain3 min readCross Chain3 min read
Dec 2, 2021BUNNY on QubitDear Qubitians, we are excited to announce that the BUNNY token will be available on both the supply and borrow markets of Qubit this week. Get ready to earn rewards using BUNNY! BUNNY on Qubit BSC As the integration of protocols is one of our key strategies, BUNNY can now be used as collateral…New Tokens2 min readNew Tokens2 min read
