Blockchain

Qubic Halts Network After $1.3 Million Wallet Drain

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 18/10/2026, 15:12:25 UTC.

Briefings

Qubic halted its network after a significant wallet drain involving $1.3 million. The event involved 87.1% of the drained QU being immobilized on the network, while MEXC froze the account receiving the remainder. This incident occurred in October 2026, marking a major disruption in the Qubic ecosystem.

Key points

• Qubic halted its network following a $1.3 million wallet drain where 87.1% of the drained QU was immobilized on the network.
• MEXC froze the account receiving the remaining 12.9% of the drained QU.

Context

This incident represents a critical security event in the Qubic ecosystem, where a substantial portion of the drained cryptocurrency was rendered unusable on the network, highlighting the importance of network integrity and transaction security.

Limitations

Evidence is limited to the specific transaction details and network status as of October 2026. The full scope of the drain and the identities of the affected wallets are not disclosed, and the long-term impact on the network remains uncertain.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 18/10/2026, 15:50:45 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeifphj6mg4ogbcuma4cxdf4sl32pqy5mc3qymr3cpmjucs3iksbvva