JUST IN: 🔐 51% Attack on Monero: Qubic Appears to Have Seized Control of the Network.

According to the, evilcos, founder of SlowMist, the mining pool Qubic has gained control over the majority of Monero's hash rate, enabling a large-scale blockchain reorganization. This kind of control allows for rewriting the network’s history, launching double-spend attacks, and censoring transactions.

Source: Redblack News