Qubic Pushes Back on Hack Claims: Weak Wallet Seeds Were to Blame
đ Qubic confirmed a security breach where 1,404 wallets were drained, resulting in the theft of approximately 2.94 trillion QU due to weak wallet seed generation.
đ The network halted transactions to prevent further losses, with 87.1% of the stolen funds remaining frozen, while exchanges suspended QUBIC deposits and withdrawals.
đ ïž Qubic has addressed the seed generation issue in a new update and is working with the community to resolve the incident, urging affected users to report losses to authorities.
đ Qubic confirmed a security breach where 1,404 wallets were drained, resulting in the theft of approximately 2.94 trillion QU due to weak wallet seed generation.
đ The network halted transactions to prevent further losses, with 87.1% of the stolen funds remaining frozen, while exchanges suspended QUBIC deposits and withdrawals.
đ ïž Qubic has addressed the seed generation issue in a new update and is working with the community to resolve the incident, urging affected users to report losses to authorities.