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Qubic pauses mainnet after $1.3M exploit tied to weak wallet seeds

An attacker drained roughly 2.94 trillion QU tokens, worth about $1.3 million, from 1,404 Qubic wallets over a 104-minute window on October 17-18, 2026. Qubic's validators halted the chain to freeze the stolen funds, and developers say the breach stemmed from predictable recovery seeds generated on older Apple devices and browsers rather than a flaw in the network's code itself.