Aug 12, 2025
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 [...]
The post Monero Network Hit by Qubic-Led 51% Attack Attempt, XMR Price Dips appeared first on Blockonomi.
Source: Blockonomi →Related News
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