SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CRYPTO ARTICLE M impact

Qubic Halts Network After Attacker Drains About $1.4 Million

Qubic said it halted the network after an attacker reportedly used weak wallet seeds to drain about $1.4 million from more than 1,400 accounts.

QUBICUSD

Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project.In a statement on X, Qubic said the network was halted at tick 85,371,949, where…