Hacking News
Qubic Pushes Back on Hack Claims
Qubic, a cryptocurrency platform, experienced a security incident where approximately 2.94 trillion QU were stolen due to weak wallet seed generation. Affected wallet seeds were generated on specific devices and browsers prior to October 18, and 87.1% of the stolen funds remain frozen on the network. The Qubic team has fixed the seed generation issue in version 4.26.4 and is working on identifying affected users while urging them to report losses to authorities.