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Hack history / 2022 / Hack or exploit

Qubit

Hack or exploit on Jan 27, 2022 · Missing Input Validation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$80M
dollars at the time
Returned
none listed
as the sources state it
Rank
#76
among thefts by dollars lost

What happened

On January 27-28, 2022 an attacker drained $80 million from Qubit Finance's QBridge cross-chain bridge by calling the deposit function with a zero address token and no ETH, exploiting improper use of call() instead of SafeERC20 verification to bypass input validation. The attacker minted 77,162 qXETH and borrowed $37.6M in wETH, $28.5M in BTC-B, and stablecoins.

Details

Date
Jan 27, 2022
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain, Ethereum
Audit (rekt.news)
unaudited

Reported by

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Cite this pageSwanBluechip, "Qubit hack, Jan 27, 2022: $80M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9096f122cf/ (data as of 2026-10-31).
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