Qubic Halts Network After $1.3 Million Wallet Drain

Qubic halted its network after roughly $1.3 million was drained from a wallet. The project says 87.1% of the stolen QU remains immobilized on its network, while exchange MEXC froze the account holding the remainder. A network halt following an exploit is a serious operational and security event for QU holders, though the partial recovery and exchange freeze limit the total loss.