Qubic has restarted its blockchain network following a security breach that resulted in a $1.4 million hack. The network’s validators have approved a recovery plan to address the incident and mitigate its impact.
According to CoinTelegraph, Qubic has opened recovery claims for affected users, with the claims window remaining open until May 1, 2027. This move aims to compensate those impacted and restore confidence in the platform.
For Japanese investors closely monitoring crypto security, Qubic’s prompt response highlights the importance of robust recovery mechanisms in blockchain projects amid rising cyber threats in the sector.