Qubic restarts blockchain, opens recovery claims after $1.4M hack
The network’s validators approved a recovery plan and opened claims until May 1, 2027.
AI summary
Qubic restarted its blockchain and opened recovery claims after a hack that cost roughly $1.4 million. Validators approved a recovery plan, with claims accepted until May 1, 2027. The incident highlights ongoing security risk for smaller networks, though the contained loss and restart limit broader market impact; traders should watch for any contagion or confidence spillover to similar projects.
