Monero (XMR) Attacked by 51%

Monero, one of the well-known privacy coins, experienced a 51% attack via the Qubic mining pool. As a result, a 6-block reorganization occurred, the price dropped by about 10% to around ~$247, and deposits on Kraken were temporarily halted.

Important: This serves as a harsh reminder of the technical risks associated with privacy coins — not just about the hype.

$XMR