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DIGITAL ASSETS · MARKET OBSERVATION

Qubic disclosed a security incident in which 1,404 wallets were compromised and approximately 2.94 trillion QU were transferred.

PANews October 18 news: Qubic released a security incident update stating that between 23:42 on October 17 and 01:26 on October 18 (UTC), attackers exploited insufficient randomness in some wallet seeds to access and transfer assets from 1,404 Qubic wallets, involving approximately 2.94 trillion QU. Qubic said the issue lies in the wallet seed generation process, not in the Qubic protocol itself.

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