Qubic restarts blockchain, opens recovery claims after $1.4M hack

The Qubic blockchain has resumed operations and opened claims for users affected by a recent $1.4 million hack. Validators approved a recovery plan, allowing affected parties to submit claims until May 1, 2027.
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The Qubic network has successfully restarted its blockchain operations following a security incident that resulted in a loss of approximately $1.4 million. A critical recovery plan, proposed and approved by the network's validators, has been implemented to address the situation. As part of this plan, a claims portal has been opened for all users who were impacted by the hack. Affected individuals will have a defined period, extending until May 1, 2027, to submit their recovery claims. This initiative aims to restore confidence and mitigate the financial damage incurred by the community. The restart signifies a commitment to network stability and user protection.
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