đ¨ Crypto Weekly Unpacked: Monero Under Siege, Dogecoin ETF Surprise, and the Great Staking Shake-Up
Monero's privacy shield cracks as attackers exploit a critical vulnerabilityâmeanwhile, Wall Street plays catch-up with a shock DOGE ETF filing. Plus: Why the staking landscape is flipping on its head.
Monero Bleeds: The 51% Attack No One Saw Coming
Network security just got a wake-up call. A coordinated assault on Monero's chain rewrote transaction historyâproof that even privacy coins aren't bulletproof.
Doge Days Aren't Over: ETF Filing Drops Bombshell
Some suit actually paid the SEC's filing fee to launch a Dogecoin ETF. Because nothing says 'mature asset class' like memes meeting margin accounts.
Staking's Identity Crisis: From Cash Cow to Compliance Headache
Regulators are circling, and yield-hungry investors are scrambling. The golden age of 'set it and forget it' rewards? Goneâreplaced by KYC forms and tax footnotes.
Bottom line: Crypto's playing three-dimensional chess while traditional finance still struggles with checkers. The only constant? Volatilityâand the smell of desperation from latecomers chasing last cycle's pumps.
Qubic Pool executes 51% attack on Monero
The Monero network suffered what appears to be a successful 51% attack by Qubic mining pool. On Tuesday, a major blockchain reorganization was detected after Qubic seized majority hashing power, allowing it to censor transactions and conduct double-spending. Reports show six blocks were reorganized and 60 orphaned, with nearly 750 XMR mined in two hours. Qubic framed the attack as a planned experiment, redirecting computing power from its decentralized AI platform. Analysts noted Moneroâs small hashrate made the network vulnerable compared to larger PoW chains.
MyStonks faces frozen funds dispute
A user accused MyStonks of freezing $6.2 million in withdrawals. The platform responded that it had received a law enforcement request and flagged suspicious mixing activity, stressing compliance obligations.
Ronin prepares Layer 2 upgrade for 2026
Ronin announced a full LAYER 2 migration by early 2026, shifting to a Proof of Distribution model. Rewards will be allocated to developers rather than validators, while transaction speeds are projected to improve 12x.
Taiko introduces pre-confirmation on Ethereum
Ethereum scaling project Taiko launched a pre-confirmation system on mainnet, cutting transaction response times to around two seconds. The team says it will improve predictability for DeFi, GameFi, and enterprise apps.
LayerZero proposes $110M Stargate acquisition
The LayerZero Foundation has offered $110 million to acquire cross-chain bridge Stargate and its token STG, planning a swap into native ZRO tokens and dissolution of Stargate DAO.
Lidoâs market share hits record low
Ethereum staking leader Lido saw its market share drop to 24.4%, its lowest ever, after losing 285,000 ETH. Meanwhile, Figment added 344,000 ETH, reflecting intensifying competition in staking.
GMX completes $44M compensation
Following its V1 vulnerability, GMX distributed $44 million to affected GLP holders through new GLV tokens, partially backed by DAO treasury funds.
Uniswap explores Wyomingâs DUNA framework
The Uniswap Foundation proposed establishing DUNI, a DAO entity under Wyomingâs DUNA laws, to strengthen compliance and pave the way for protocol fees.
READ MORE:PumpFun regains Solana memecoin dominance
PumpFun rebounded to 75% market share in solana memecoin launches, reclaiming its lead from LetsBonk.
Grayscale files DOGE ETF
Grayscale applied to convert its Dogecoin Trust into a spot DOGE ETF (ticker GDOG) on NYSE Arca, joining Rex-Osprey and Bitwise in the race.