Aug 12, 2025
Monero network turmoil as Qubic claims hashrate dominance
Qubic claims it has achieved 51% control of Monero’s hashrate, prompting debate over whether the resulting six-block reorganization was a successful attack.
Update (Aug. 12, 2025, at 1:30 pm UTC): This article has been updated to add a Qubic announcement.
Layer-1 blockchain Qubic said it has “completed its attempt to dominate the Monero network,” claiming a month-long push culminated Monday with 51% control of Monero’s hashrate.
According to a Monday blog post, the “month-long, high-stakes technical confrontation” concluded with Qubic reaching 51% of Monero’s hashrate. The effort coincided with a six-block-deep chain reorganization that discarded 60 previously valid blocks, according to the Monero Consensus Status dashboard.
Source: Cointelegraph →Related News
- 3 hours ago
Ethereum Foundation introduces 'Privacy Stewards for Ethereum' and ro...
- 5 hours ago
The ‘endgame’ for US dollar stablecoins is no tickers — Web3 exec
- 8 hours ago
Onchain collateral could get you better loan terms — Crypto bank exec
- 9 hours ago
Dogecoin targets $0.60 next after DOGE price gains 40% in one week
- 12 hours ago
Web3 white hats earn millions, crushing $300K traditional cybersecurity jobs