Hacking News
Qubic Network Frozen After Wallet Theft
Qubic froze its network after an attacker drained 1,404 wallets, with most stolen funds still onchain and the remainder frozen at MEXC. The attacker moved about 2.94 trillion QU from 1,404 wallets, attributing the transfers to insufficient randomness in some wallet seeds. Qubic halted its network after a theft affecting 1,404 wallets, with 87.1% of the 2.94 trillion QU taken still on the network and 12.9% frozen at MEXC.