Monero Under Siege: Qubic Seizes 51% of Network Hash Power in Stunning Takeover

Privacy giant Monero reels as Qubic's miners pull off a shocking coup—commanding majority control of the network's computational power. The crypto world watches as the 'unhackable' chain faces its most existential threat yet.

How Qubic pulled it off

No fancy zero-knowledge proofs here—just raw hash rate. Qubic's mining collective reportedly amassed over 51% of Monero's network power, turning the privacy coin's decentralized ethos into a centralized liability overnight.

The fallout

Exchanges freeze XMR deposits as double-spend fears spread. Monero's signature ring transactions now look more like a bullseye. Meanwhile, Qubic backers cheer their 'proof of work' victory—while quietly dumping bags, naturally.

Another day in crypto, where the only real decentralization is in your portfolio's performance charts.