Qubic Says Wallet Seed Flaw Led to 1,404 Wallets Breached, 2.94 Trillion QU Moved

The distinction Qubic draws between a wallet-generation flaw and the protocol itself matters: it narrows the remediation surface to key creation, but it also puts the burden on every user who generated a seed through the affected method, since those keys remain exposed regardless of protocol health. The concentration of transfers into a roughly two-hour window suggests automated sweeping rather than targeted theft, implying the exploit was scriptable and likely repeatable against any remaining weak seeds. The open question is whether the project can identify which wallets were generated with insufficient randomness and whether seed regeneration is being coordinated.