Incident case

Rubic 2022 RBC/BRBC bridge wallet compromise

A private key for an administrative wallet used by Rubic's former RBC/BRBC bridge and staking rewards was compromised. Rubic reported that approximately 35 million RBC/BRBC were sold and that the former native bridge had already been disabled and replaced by an external bridge.

reviewedcurrent

Incident facts

Incident title
Rubic 2022 RBC/BRBC bridge wallet compromise
Bridge
Rubic
Incident date
2022-11-02
Incident type
Abnormal Transfers
Major incident
Yes
Affected chains
Ethereum, BNB Chain
Affected assets
RBC, BRBC, ETH
Attack category
Operator Or Governance Issue
Reported loss
35 million RBC/BRBC sold; approximately 138 ETH proceeds reported
Amount confidence
Medium
Loss amount basis
Reported By Project
Recovery
Unknown
Reimbursement
Not Applicable
Restart
Replaced
Current outcome
Deprecated After Incident
Postmortem
Unclear
Resolution
Unresolved
Last reviewed
2026-07-28
Last verified
2026-07-28

Amount and valuation

Rubic reported approximately 35 million locked RBC corresponding to previously minted BRBC were sold and approximately 138 ETH proceeds remained in the attacker wallet. No canonical USD loss is assigned.

Token quantity, realized attacker proceeds, broken bridge collateral relationship, and market-price impact measure different scopes and are not collapsed into one USD figure.

Why this remains unresolved

Timeline events

  • Rubic native RBC/BRBC bridge disabled2022-10

    Rubic reported that its native RBC/BRBC bridge was disabled at the end of October and replaced in practice by an external bridge solution.

    DeprecatedHigh
  • RBC/BRBC bridge wallet compromise occurred2022-11-02

    Unauthorized actions using a compromised administrative-wallet private key released assets associated with the former RBC/BRBC bridge.

    Hack DisclosedHigh
  • Rubic disclosed token sales and attacker proceeds2022-11-04

    Rubic reported approximately 35 million RBC/BRBC sold and approximately 138 ETH proceeds remaining in the marked attacker wallet.

    Funds LostHigh
  • Rubic announced tokenomics relaunch after collateral break2022-11-29

    Rubic stated that the additional RBC supply broke the RBC/BRBC collateral relationship and proposed relaunching the token with new tokenomics.

    Migration AnnouncedHigh

Evidence records

Source tiers describe evidence authority, not certainty for every claim. Tier 1 is the strongest source class; Tier 2 and Tier 3 provide progressively more secondary or supporting context. Source notes define what each record actually supports.

Known unknowns

Independent incident archive

Help maintain incident aftermath records

Support recovery, reimbursement, restart, migration, shutdown, evidence, and correction checks.

Support BIR
Record maintenance

Report a correction

Report missing evidence, incorrect dates, outcome changes, recovery details, reimbursement status, or broken links. GitHub Issues are preferred for structured review; the Google Form is available if you do not use GitHub.