TL;DR: Xbox Insider program participants report a faulty update causing consoles to reset to factory settings, removing profiles and Quick Resume data. If you are one to keep your Xbox up to date, ...

Update 3/7/2025 7:06 a.m. PT: Per an official post from the Xbox Insider account, this issue has been resolved, and steps are being provided for individuals who were affected to fix their Xboxes: ...