Qubic Restarts Chain as Victims Seek $1.3 Million in Stolen QU

Qubic’s blockchain is back online after a thief drained 1,404 wallets of nearly $1.3 million, forcing the network into an emergency shutdown. Now, with stolen funds frozen and a recovery program underway, victims have a chance to reclaim their cryptocurrency. Qubic has restarted its blockchain following the Oct. 18 security incident that saw approximately 2.94 trillion QU tokens stolen in less than two hours. The network’s validators, known as Computors, had stopped transactions at tick 85,371,949 to prevent further losses. By the evening of Oct. 19, the blockchain was processing transactions again. On Oct.

Source: Bitcoin.com News