Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 19 Oct, 09:43 UTC

Qubic halted its layer-1 blockchain after attackers exploited weak wallet recovery seed generation to steal approximately 2.94 quadrillion QU tokens worth $1.4 million. The project said 87.1 percent of the stolen tokens remained on the network, while the rest was transferred to MEXC, which blocked…

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Sources

• T2Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 WalletsGadgets360 (NDTV) via FeedBurner19 Oct, 09:43