Qubic, a decentralized AI network, paused its mainnet after an attacker drained about $1.3 million worth of QU tokens from 1,404 wallets. The breach exploited weak wallet seeds generated on legacy Apple devices and early iOS apps, not a bug in Qubic's code. Most stolen tokens remain frozen on-chain, while some were frozen by exchange MEXC. Qubic released a patch to fix the vulnerability and secured other exposed funds. The network’s staking feature was unaffected. The community awaits decisions on victim compensation and mainnet restart timing.
Qubic's recent mainnet halt follows a significant security breach draining $1.3 million from 1,404 wallets. For readers following the cryptocurrency sector, here is Pluang's market snapshot as of Oct 18, 2026 22:21 WIB: out of 50 major cryptocurrencies, only 4 rose while 44 fell. Notable movers include COTI at Rp191 with a 4.51% decline and a typical hold time of 121 days, AXS at Rp17,904 down 4.34%, and CAKE at Rp38,670 down 4.23%.
Qubic reported a security breach where attackers accessed 1,404 wallets and transferred about 2.94 trillion QU over a 104-minute period on October 17-18. The breach was caused by weak randomness in wallet-seed generation, allowing attackers to exploi...
QUBIC, the token of the Qubic blockchain, is tradable on nine active exchanges and via two card payment providers as of October 2026. Availability and fees vary by platform and region, with most exchanges excluding the US and Canada. In the European ...
In the week of October 12-16, 2026, US crypto ETFs experienced a net outflow of $610.7 million, with $320.1 million coming from Ethereum funds. Notably, $299 million of the Ethereum outflow was from BlackRock's iShares Ethereum Trust, indicating a si...
Starknet has introduced the STRK20 framework, enabling users to shield supported ERC-20 tokens and transfer them privately without revealing sender, recipient, amount, or token type. This privacy feature is live on Starknet's mainnet following the v0...
Shibarium, the layer-2 network for Shiba Inu, experienced a significant drop in daily transactions to 659, the lowest since September 20, 2026. This decline follows a peak of 5,710 transactions on October 6, indicating a slowdown in network usage des...
