Qubic Pool’s 51% Attack on Monero Confirmed Successful

The privacy-focused cryptocurrency Monero is facing a potentially devastating 51% attack by the Qubic mining pool. Experts believe this attack has been successful, leaving the Monero network vulnerable and raising significant concerns about its future. The attack’s high operational costs remain unclear, but it has already given the Qubic pool substantial control over the blockchain. This raises questions about the security and stability of the network and its potential impact on its credibility in the cryptocurrency industry.