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Qubic Restarts After 1,404 Wallets Are Drained as STX, BCH and $33M Remittix Enter the Debate

Qubic Restarts After 1,404 Wallets Are Drained as STX, BCH and $33M Remittix Enter the Debate

Qubic restarted its blockchain after attackers drained 1,404 wallets containing roughly 2.94 trillion QU, valued near $1.3 million. The project said predictable recovery phrases created by some browser-based wallets caused the exposure rather than a core protocol failure. This Crypto Update puts security, recoverability and trustworthy consumer infrastructure back at the centre of the market.

Stacks and Bitcoin Cash offer established routes into Bitcoin-linked utility and payments, while Remittix is building a newer financial ecosystem with more than $33 million raised. Its PayFi product, iOS wallet, live Markets platform and upcoming Earn service make user experience inseparable from the investment case. In crypto finance,…

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