Qubic Halts Network After $1.3 Million Wallet Drain

Qubic Halts Network After $1.3 Million Wallet Drain

N
News Editor
2026-10-18 15:09:55
Qubic said it halted its network after a wallet was drained of roughly $1.3 million. The project said 87.1% of the stolen QU remains immobilized on its network, while the account that received the rest has been frozen by MEXC. The report was published by TheDefiant, which noted that its articles are stored on Filecoin. No additional details were provided in the source text about the incident timeline or the wallet involved.

Qubic said it halted its network after a wallet was drained of about $1.3 million. According to the project, 87.1% of the drained QU remains immobilized on its network, while MEXC froze the account that received the rest.

The item was published by TheDefiant. The page also states that its articles are stored on Filecoin.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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