๐จ JUST IN: SlowMistโs founder confirms a 51% attack on #Monero by the Qubic mining pool.
๐น Qubic now controls the majority hashrate.
๐น A major chain reorg is underway.
๐น With this dominance, Qubic could rewrite blockchain history, launch double-spend attacks, and censor transactions.
๐ฐ Ledgerโs CTO estimates sustaining this attack costs $75M/day โ raising alarms over network resilience.
The event reignites debates on PoW security, mining centralization, and long-term trust in decentralized systems.
#ETH5kNext? #DeFiGetsGraded #Write2Earn #CryptoNews #BlockchainSecurity