Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears
14 Articles
14 Articles
The Qubic pool team claims to have more than half of Monero's computing power, but BitMEX researchers contradict this. Read more
The cryptocurrency Monero has recently been the subject of a 51% attack, an event in which a project called Qubic has controlled more than half of the network’s mine power. This type of attack allows an actor to modify the history of transactions, block them or make double expenses, which has led to a drop in Monero’s price and concern among its users. Qubic claims that its control was only a stress test to show vulnerabilities, without intent t…
Qubic Claims 51% Control of Monero in Hashrate Battle
Update (Aug. 12, 2025, at 1:30 pm UTC): This article has been updated to add a Qubic announcement. Layer-1 blockchain Qubic said it has “completed its attempt to dominate the Monero network,” claiming a month-long push culminated Monday with 51% control of Monero’s hashrate. According to a Monday blog post, the “month-long, high-stakes technical confrontation” concluded with Qubic reaching 51% of Monero’s hashrate. The effort coincided with a si…
Monero’s Survival At Stake: Double Threat From Market Loss And 51% Attack
Monero’s price slump follows the closure of a major darknet market and an ongoing network attack. Qubic mining pool’s control threatens Monero’s blockchain integrity and miner participation. The network’s recovery options appear few, raising questions about its long-term stability. Monero (XMR) is trading at $255.82, down 6.73% in the past 24 hours and 13% over the past week. The slide comes as the privacy-focused cryptocurrency faces two major …
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