JUST IN: The founder of SlowMist reported that the Qubic mining pool has successfully carried out a 51% attack on Monero.
• Qubic now dominates the network's hashrate.
• A significant chain reorganization has been observed.
• With its control, Qubic has the potential to modify blockchain history, execute double-spend attacks, and censor transactions.
• The CTO of Ledger estimated that maintaining the attack could cost $75 million each day.
