Hacking News
Qubic Blockchain Hacked, $1.4M in Tokens Stolen
Layer-1 blockchain Qubic has restarted its network and launched a recovery process after an attacker exploited a wallet seed vulnerability to drain approximately $1.4 million in QU tokens from 1,404 accounts. Affected users can submit claims through Qubic's reclaim platform until May 1, 2027. The vulnerability affected wallet seeds generated using Qubic's web wallet on certain Apple devices and browsers, where an insecure random-number generator produced predictable seeds, leading to the theft of funds. Qubic has fixed the seed-generation flaw in the latest version of its web wallet and advised users to update to the latest version and create a new wallet to move their funds.