Hacking News
Qubic Wallet Raid Leaves $1.3 Million in Steal
An overnight cryptocurrency theft emptied 1,404 Qubic wallets of approximately 2.94 trillion QU, worth $1.3 million, before validators halted the network. The apparent culprit wasn’t a blockchain vulnerability but predictable wallet seeds generated by older Apple devices and browsers. Affected wallets included seeds generated on iPhones and iPads through browsers, Macs running Safari, and older versions of Qubic’s iOS application. Developers said the issue was corrected in version 4.26.4 and additional vulnerable funds were secured before the attack.