Qubit Finance, a decentralized finance platform, has become the latest victim of a high-value theft, with hackers stealing around $80 million in cryptocurrency on Jan, 27.

The value of cryptocurrency stolen makes this the largest hack of 2022 so far. Qubit Finance acknowledge the hack in an incident report published through Medium. According to the report, the hack occurred at around 5PM ET on the evening of January 27th.

Qubit’s incident report also stated that the team was attempting to offer the hacker the maximum reward possible under their bug bounty program. A listing for Qubit on the Immunefi bug bounty platform suggests that this is $250,00.