CryptoMedium•18 October 2026•
1 min read
Qubic Network Halted After $1.3M Theft Linked to Apple Device Vulnerability
Key Facts
1The Qubic network suffered a theft of 2.94 trillion QU tokens worth $1.3 million from 1,404 wallets before validators halted the network.
2The breach was attributed to predictable wallet seeds generated by older Apple devices and browsers rather than a blockchain vulnerability.
The Qubic network validators halted operations after a theft of 2.94 trillion QU tokens, valued at $1.3 million, was drained from 1,404 wallets. Bitcoin.com reported that the breach was attributed to predictable wallet seeds generated by older Apple devices and legacy browsers rather than a direct vulnerability within the blockchain protocol.
Apple (AAPL) shares closed at $343.46 on October 16, 2026, as the exploit highlighted security risks associated with legacy hardware. During the same session, peer technology stocks showed MSFT closing at $529.05, META at $709.33, and GOOGL at $340.59 on October 16, 2026.