8 hours ago

Monero Network Hit by Qubic-Led 51% Attack Attempt, XMR Price Dips

TLDR: Qubic’s hashrate takeover allowed potential double-spend attacks and censorship on the Monero network. Community-led miner boycotts cut Qubic’s share from nearly half to under 15% in hours. Monero’s price fell 17% in a week as traders reacted to centralization fears. Analysts warn low miner rewards leave Monero vulnerable to future 51% attack attempts Monero [...]

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Source: Blockonomi →