Layer-1 blockchain Qubic has restarted its network and begun a fund recovery process after an exploit tied to a wallet seed vulnerability. The incident led to the theft of roughly $1.4 million worth of QU tokens from 1,404 accounts. Qubic said its network validators, known as Computors, approved a recovery plan, and affected users can now file claims. The deadline for submissions is May 1, 2027. Blockchain data from the Qubic explorer shows the network resumed processing ticks at 20:00 on Oct. 19, moving past the previously halted height of 85,371,949. The vulnerability affected wallet seeds generated on some Apple devices and in browsers. Qubic advised users to create a new wallet with version 4.26.4 or later and move funds as soon as possible. The update was reported by Cointelegraph and carried by Odaily.
Layer-1 blockchain Qubic has restarted its network and launched a fund recovery process after an attacker exploited a wallet seed vulnerability and moved roughly $1.4 million in QU tokens from 1,404 accounts.
Qubic said its validators, called Computors, approved the recovery plan. Affected users can now submit claims, with a deadline set for May 1, 2027.
Network processing has resumed
Data from the Qubic block explorer shows the network resumed processing ticks at 20:00 on Oct. 19. Progress has already moved beyond the previously halted level of 85,371,949.
Seed flaw affected some wallet setups
The vulnerability affected wallet seeds generated on some Apple devices and in browsers. Qubic advised users to create a new wallet using version 4.26.4 or later and transfer funds as soon as possible.
The development was reported by Cointelegraph and republished by Odaily.
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