🚨💣 A disaster is shaking the crypto world: The popular privacy coin Monero ($XMR ) is now under a successful 51% attack!
🔍 The Monero network, which launched in 2014 and has always been targeted by governments and security agencies, was already banned from most major centralized exchanges... and today, things have exploded!
⚡️ The Qubic mining pool has acquired the majority of mining power after months of accumulation, and a major network reorganization was observed this morning. Currently, they can:
Rewrite the blockchain 📜
Perform a double-spending attack 💵
Prevent any transactions from passing 🚫
💰 The cost of the attack? $75 million per day... but the real danger is the destruction of trust in the network overnight!
📉 The result: A $300 million network takes over a $6 billion network... options to save Monero are virtually nonexistent, and a complete takeover is very likely!
Question: Is this the end of Monero? 😳