Qubic Halts Blockchain After $1.4 Million Hack Drains 1,400 Wallets

TLDR Qubic paused its layer-1 blockchain after an attacker stole about $1.4 million in tokens from more than 1,400 wallets. The attacker exploited wallet recovery seeds that had been created with weak randomness. About 87.1% of the stolen funds remain frozen on the network, and MEXC froze the account holding the rest. Developers fixed the [...]

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