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Qubic Loses $1.3 Million in Wallet Raid Before Network Halts

Source: Bitcoin News · Oct 18, 2026 15:00 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

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 […]

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