Qubic halted its layer-1 blockchain after attackers exploited weak wallet recovery seed generation to steal approximately 2.94 quadrillion QU tokens worth $1.4 million. The project said 87.1 percent of the stolen tokens remained on the network, while the rest was transferred to MEXC, which blocked the receiving account. Qubic has yet to announce a restart date as its team prepares recovery options for approval by network operators.
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