Qubic Loses $1.3 Million in Wallet Raid Before Network Halts

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. With most stolen tokens trapped on the paused network and another portion frozen by MEXC, the […]

Source: https://news.bitcoin.com/security/qubic-loses-1-3-million-in-wallet-raid-before-network-halts/