Qubic experienced a theft where 1,404 wallets were drained of about 2.94 trillion QU tokens, worth $1.3 million, due to predictable wallet recovery seeds generated by older Apple devices and browsers. The network's validators halted transactions to freeze most stolen funds on the paused network, while an exchange froze another portion. The incident highlights risks in wallet security rather than blockchain vulnerabilities. Victims' reimbursement depends on decisions by Qubic's validators as the stolen tokens remain largely immobilized.
The Qubic wallet theft incident provides context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Oct 18, 2026 21:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 43 fell today. Notable movers include ZIL (Zilliqa) at Rp40 with a 1-day change of -6.26% and Pluang order activity of 29% Sell / 71% Buy, MANA (Decentraland) at Rp1,507 with a 1-day change of -4.98% and 94% Sell / 6% Buy order activity, and DOT (Polkadot) at Rp19,325 with a 1-day change of -4.63% and 54% Sell / 46% Buy order activity.
Qubic paused all transactions after about $1.3 million worth of QU tokens were stolen from 1,404 wallets due to a vulnerability in predictable wallet seeds on older Apple devices and browsers. The theft occurred between October 17 and 18, prompting v...
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MEXC and Bitget exchanges have suspended deposits and withdrawals of the QUBIC token. MEXC stated the suspension was requested by the Qubic project team, while Bitget attributed it to wallet maintenance, effective from October 18. This suspension pre...
