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Qubic network halts after $1.3M stolen via predictable wallet seeds on Apple devices

Market News
18 Oct 2026
CryptoTicker
View Source
Bearish
Qubic network halts after $1.3M stolen via predictable wallet seeds on Apple devices

On October 18, 2026, the Qubic network was halted after an attacker drained 1,404 wallets, stealing about $1.3 million worth of QU tokens. The breach was due to predictable wallet recovery seeds generated on Apple devices' browsers and early iOS apps, not a flaw in the blockchain protocol itself. Most stolen tokens remain frozen in the halted network, while the rest were frozen by the MEXC exchange. The incident highlights risks in browser-based wallet seed generation and urges users to move funds to more secure hardware wallets or licensed exchanges.

Qubic network breach data provides context for readers. As of Oct 19, 2026 07:21 WIB, 24 of 50 major cryptocurrencies on Pluang rose, 25 fell. Notable movers include NEO at Rp39.569 with a 1-day change of -1.94% and 82% sell order activity, KSM at Rp75.332 down 1.77%, and ZIL at Rp40 down 1.61% with 70% buy order activity.

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