Qubic stated that between October 17, 23:42 and October 18, 01:26 UTC, attackers exploited insufficient randomness in certain wallet seeds to access and transfer approximately 2.94 trillion QU from 1,404 Qubic wallets. The project team emphasized that the issue lies in the seed generation mechanism, not the Qubic protocol itself.
Qubic: 1,404 wallets hacked, 29.4 billion QU stolen
TechFlowShare
Summary
On-chain news from Qubic reveals that 1,404 wallets were compromised between 23:42 UTC on October 17 and 01:26 UTC on October 18. Attackers exploited weak randomness in the Seed generation process, stealing 29.4 billion QU. The project confirmed the vulnerability originated in the Seed generation mechanism, not the Qubic protocol itself. A protocol update is being prepared to remediate the issue and prevent future incidents.
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