AI-blockchain project Qubic suffered a wallet exploit worth $126.4M, blaming weak seed generation on Apple devices and browsers. The QU token fell roughly 11% in 24 hours.

  • Developers halted transactions at block 85,371,949.
  • 87.1% of stolen funds reportedly remain on-chain; MEXC froze deposits within an hour.
  • Vulnerable seeds created on iPhone, iPad, Safari Mac, or Qubic iOS require urgent replacement; the stated cutoff is October 18, 2026.

This is a full security emergency, not a routine dip: liquidity, exchange deposits, and recovery confidence are damaged. Traders should avoid QU until the exploit scope, compensation plan, and network restart are independently verified.