Qubic says 1,404 wallets were compromised and about 2.94 trillion QU was stolen
Layer 1 network Qubic said on X that attackers exploited insufficient randomness in some wallet seeds between 23:42 UTC on Oct. 17 and 01:26 UTC on Oct. 18, gaining access to 1,404 wallets and transferring out about 2.94 trillion QU.
Qubic said the issue came from the seed generation mechanism, not from the Qubic protocol itself. The network halted transactions at block height 85,371,949. Of the stolen funds, 87.1% remained on the network and was frozen. Another 12.9% was transferred to MEXC, where the related accounts were frozen, and other exchanges also suspended QUBIC deposits and withdrawals.
The project said version 4.26.4 fixed the seed generation issue. What happens next will be decided by a Computor quorum under network rules.
Super League shareholders approve Metaplanet transaction
Super League shareholders have approved the company’s transaction with Metaplanet. After closing, Metaplanet will contribute 2,100 BTC and $2.5 million in cash in exchange for about 44.86 million common shares, strategic alliance preferred shares, and warrants. It is expected to hold about 93.7% of the common stock of the renamed Superplanet, and those shares will be subject to a five-year lock-up.
The company’s ticker will change from SLE to SUPA. Metaplanet will also receive the right to subscribe for up to $210 million in junior preferred stock over the next 24 months. Superplanet will serve as its U.S.-listed bitcoin treasury platform.
Strive CEO says the company bought 1,223 BTC last week
Strive CEO Matt Cole said the company bought 1,223 BTC from Wednesday through Friday last week at an average price of $81,734 per coin, for a total purchase of about $100 million. That lifted total holdings to 36,818 BTC.
Cole also said settlement of proceeds from Strive’s SATS preferred stock IPO is expected to be completed on Tuesday this week. The company plans to keep its existing reserve, which can cover 18 months of dividend payments, and its traditional warrants have expired.
Strategy adds 267 BTC and brings holdings to 848,517 BTC
According to Strategy’s SEC Form 8-K filed on Oct. 19 and the company’s announcement, Strategy sold MSTR common stock through its ATM program between Oct. 12 and Oct. 18, raising net proceeds of about $22 million, and used about $22.1 million to buy 267 BTC.
As of Oct. 18, Strategy held 848,517 BTC with a cumulative purchase cost of about $64.02 billion. The company also said it had repurchased about $193 million of STRC preferred stock and increased the authorization for its digital credit securities repurchase program from $2 billion to $3 billion.
Mirae Asset Securities targets Q1 2027 for tokenized products
Mirae Asset Securities in South Korea is moving ahead with a plan to launch tokenized products in the first quarter of 2027. The first products under consideration are privately placed money market funds and private bonds aimed at institutional investors.
The exact launch date, product structure, and issuance and distribution methods have not been confirmed.
Shenzhen investigators warn about RWA real estate tokenization scams
Shenzhen economic crime investigators warned that some fraudulent projects are using labels such as RWA real estate tokenization and blockchain notarization to package high-yield investments. According to the notice, these projects try to build credibility with real contract addresses, company registration records, and so-called custody agreements.
The notice said such information can only show that code or an entity exists. It does not prove that the underlying real estate has actually completed property-right segmentation, nor does it show that the project has the qualifications to conduct financial business. In one case cited, investors received early “dividends” and then added more funds. Months later, the project stopped redemptions, and investors found that the claimed tokenized real estate had no corresponding property registration.
Shenzhen investigators said investors should not equate “technically verifiable” with “legal and compliant.”
