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Qubic Network Suspends Operations Following $1.3M Wallet Drain Linked to Weak Security Seeds

Crypto News

Qubic Network Suspends Operations Following $1.3M Wallet Drain Linked to Weak Security Seeds

Qubic Halts Network After $1.3M Drain Hits 1,404 Wallets Through Weak Seeds

The Crypto Times

Qubic Halts Network After $1.3M Drain Hits 1,404 Wallets Through Weak Seeds

Qubic halted its network after 1,404 wallets lost 2.94 trillion QU worth $1.3 million, with 87.1% of the stolen tokens frozen on-chain.

Qubic freezes chain after attacker drains 1.4K wallets with weak seeds

Cointelegraph

Qubic freezes chain after attacker drains 1.4K wallets with weak seeds

Qubic says 87.1% of the stolen funds remain onchain and the rest were frozen at crypto exchange MEXC, as network validators prepare to vote on a recovery plan.

Qubic Pushes Back on Hack Claims: Weak Wallet Seeds Were to Blame

CryptoPotato

Qubic Pushes Back on Hack Claims: Weak Wallet Seeds Were to Blame

A wallet seed generation flaw led to Qubic's massive breach, prompting a network halt while most stolen funds remain frozen.

Qubic Halts Network After $1.3 Million Wallet Drain

The Defiant

Qubic Halts Network After $1.3 Million Wallet Drain

Qubic says 87.1% of the drained QU remains immobilized on its network, while MEXC froze the account receiving the rest.... Read the full story at The Defiant

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