Monero hit by critical 51% attack as Qubic gains control of network
The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. XMR dropped just shy of 9% after developers flagged the event. On Aug. 12,...
Source: CryptoSlate
The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. XMR dropped just shy of 9% after developers flagged the event. On Aug. 12, Sergey Ivancheglo, known in the crypto community as “Come-from-Beyond” (CFB), claimed on X that Qubic had surpassed 51% of Monero’s network hash […]