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Monero Under Threat as Qubic Gains 51% Hashrate Control

1 min read
Source: Cointelegraph
Monero Under Threat as Qubic Gains 51% Hashrate Control
Photo: Cointelegraph
TL;DR

Kraken has temporarily paused Monero deposits following a 51% attack where Qubic, an AI-focused blockchain, gained majority control of Monero's hashrate, raising concerns about network security and integrity.

Topics:businesscryptocurrency#51percent-attack#blockchain-security#cryptocurrency#kraken#monero#qubic
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  1. Kraken pauses Monero deposits following 51% attack  Cointelegraph
  2. Monero faces chain reorganization fears after Qubic says it controls 51% of hashrate  The Block
  3. Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears  CoinDesk
  4. Monero hit by critical 51% attack as Qubic gains control of network  CryptoSlate
  5. XMR Price Hits Multi-Month Low After Qubic Drains 51% of Monero’s Hashrate  CCN.com

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