by: xpoolPosted on:

Qubic Mining Pool Takes Over Monero Network, Threatening Decentralization

A shocking 51% attack has seen the Qubic mining pool gain control of Monero’s $6 billion network. Blockchain reorganization confirmed by Ledger CTO Charles Guillemet highlights this unprecedented shift in power. With a market cap of just under $300 million, Qubic now holds the ability to rewrite transactions and potentially engage in double-spending, raising significant concerns for the cryptocurrency’s future.

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