🚨 Monero Faces 51% Attack Concerns After Qubic’s 6-Block Reorg 🔒
The Monero (XMR) community is on alert after a reported 6-block chain reorganization on August 12, 2025, at 6 a.m. ET, flagged by security firm SlowMist. Sources suggest the Qubic project may have gained over 50% of Monero’s hashrate, raising fears of blockchain rewrites, double-spending, or transaction censorship.
📊 Miningpoolstats shows no single pool clearly above 50%, but Qubic’s founder, Sergey Ivancheglo, claims majority control, while Monero’s team works on defenses. Ledger CTO Charles Guillemet warns sustaining such an attack could cost $75M daily. However, developer Luke Parker argues a 6-block reorg doesn’t confirm a full 51% takeover, possibly due to high hashpower luck.
⚠️ XMR is down 5% in 24 hours and 14% weekly. The Monero community is still verifying Qubic’s claims, with some developers calling it a strategic reorg, not a full attack. How will Monero respond to this challenge? Share your thoughts! 👇
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