Skip to content
Qubic Network Halts After $1.3 Million Theft from 1,404 Wallets

Qubic Network Halts After $1.3 Million Theft from 1,404 Wallets

First seen 19 Oct 2026, 05:18 UTC • •
API

Article Content

Browse articles
ThreatCluster AI
ThreatCluster •October 19, 2026 at 05:49 UTC
  • •1,404 wallets were drained, totaling approximately $1.3 million in QU tokens.
  • •The attack exploited predictable wallet recovery seeds from older Apple devices and browsers.
  • •87.1% of the stolen funds remain frozen on the Qubic network, with the rest frozen by MEXC.

On October 18, 2026, the Qubic network halted operations after an attacker drained 1,404 wallets, stealing approximately 2.94 trillion QU tokens worth $1.3 million. The theft occurred between 23:42 UTC on October 17 and 01:26 UTC on October 18, exploiting predictable wallet recovery seeds generated by older Apple devices and browsers. Qubic's developers confirmed that the vulnerability was not in the blockchain code itself but in the seed generation process. Following the attack, validators froze the network at tick 85,371,949, preventing further transactions. Most of the stolen funds remain on the network, with 87.1% immobilized and 12.9% frozen by the MEXC exchange. Affected users are advised to report the incident to local authorities. Qubic has since released a patch to correct the seed generation flaw.

Start a free Starter trial for enhanced analysis

Ask AI about this cluster

Updated just now How this analysis works

Timeline

2026-10-17
Attack initiated
An attacker began draining wallets at 23:42 UTC, exploiting weak seed generation.
Cryptoticker
2026-10-18
Network halted
Qubic validators halted the network at tick 85,371,949 to prevent further theft.
Cryptoticker
2026-10-18
Funds frozen
MEXC froze 12.9% of the stolen funds shortly after they were transferred.
X

More articles in this cluster (4)

Following this threat?

Track Bitget in your own feed — you're alerted when they show up in new reporting, leak sites or exploitation.

Free account · no card needed

Extracted Entities (10)

1 / 3

Common questions

How many wallets were affected?
1,404 wallets were drained during the incident.
What caused the theft?
The theft was due to predictable wallet recovery seeds generated by older Apple devices and browsers.
What should affected users do?
Affected users should file a report with local authorities and include their wallet ID and transaction details.