BREAKING: Qubic Pool Claims 51% Attack Victory Over Monero—Slowmist Confirms
Monero's privacy fortress may have just been breached—and not by regulators this time.
Qubic Pool's alleged 51% attack on the privacy coin appears successful, according to blockchain security firm Slowmist. The crypto underworld's favorite 'digital cash' now faces its most credible threat since the SEC started eyeing privacy coins.
How it happened: The attackers reportedly amassed enough hash power to rewrite transaction history—the nuclear option in Proof-of-Work chains. Monero's adaptive block size and dynamic fees didn't stop the assault.
Why it matters: This isn't just about XMR's price (though it's tanking). It's a stress test for decentralized networks that pride themselves on being 'unhackable.'
The irony? Wall Street's been warning about crypto volatility for years—but never imagined the biggest threat would come from rival miners, not market swings.
