A closer look at “Qubic Freezes Chain After Attacker Drains 1.4K Wallets with Weak Seeds”, exactly as the source publishes it. The Qubic network has taken the drastic step of freezing its blockchain after an attacker exploited weak seed phrases to drain approximately 1,400 wallets. According to Qubic, 87.1% of the stolen funds remain visible onchain, while the remaining 12.9% were frozen at the crypto exchange MEXC. The incident highlights the critical importance of robust wallet security, as the attacker apparently targeted wallets generated with insufficient entropy, making their private keys easier to guess.
Qubic validators are now preparing to vote on a recovery plan, which could involve rolling back the chain or implementing a state change to return funds to victims. The freeze prevents any further transactions until the community decides on the best course of action. For the complete material, the listing points back to the source inside the network.