Dogecoin Faces 51% Attack Uncertainty: Qubic Targets Coin Amidst Bitcoin’s Slump

The crypto market is bracing for another volatile week as Dogecoin (DOGE) faces uncertainty after Qubic, a blockchain security research firm, announced its intention to conduct a 51% attack simulation on the coin. This follows a successful attack by Qubic on Monero (XMR), raising concerns about vulnerabilities within proof-of-work assets. Adding to the market’s anxiety, Bitcoin ($BTC) is struggling below $115,000 after inflation data caused skepticism surrounding rate cuts from the Federal Reserve.