BasisDesk

News · Security & Hacks

Qubic Pauses Network After Weak Wallet Seeds Lead to $1.4M Exploit

The layer-1 chain halted operations at tick 85,371,949 after an attacker drained 2.94 trillion QUBIC tokens across 1,400 compromised wallets.

▼ Bearish$QU
October 19, 2026basisdesk.news
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Key point 1 of 3

01

Qubic halted block production at tick 85,371,949 after 1,400 wallets lost 2.94 trillion QU, valued at $1.4 million.

October 19, 2026basisdesk.news
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Key point 2 of 3

02

The vulnerability stemmed from weak Math.random() seed generation on Apple devices and Safari browsers through Oct. 18, 2026.

October 19, 2026basisdesk.news
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Key point 3 of 3

03

Network validators will vote on remediation for the 87.1% of stolen assets currently frozen on-chain, while MEXC froze the rest.

October 19, 2026basisdesk.news
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Context

Cryptographic entropy failures have repeatedly affected non-custodial tools, including past issues with Libbitcoin Explorer and Trust Wallet extensions.

October 19, 2026basisdesk.news
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Why it matters

More than 1,400 Apple-ecosystem Qubic wallet users suffered balance depletions. The protocol's $62.6 million ecosystem remains completely suspended while the governance layer…

October 19, 2026basisdesk.news
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What to watch

The release of the core team's technical post-mortem, the Computor governance vote outcome regarding on-chain state rollbacks or fund redistribution, and the network restart tick…

October 19, 2026basisdesk.news
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Sources

Built from 1 primary source, machine-checked before publication.

  • cointelegraph.com
October 19, 2026basisdesk.news
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