BITPRISMIA
An XRPL validator highlights the XRP Ledger's superior security model compared to Monero, which recently suffered a 51% attack, emphasizing XRPL's resistance to chain reorganization attacks.
Monero, a $6 billion privacy-focused cryptocurrency, experienced a significant security breach when Qubic claimed to have gained 51% control of its hashrate, leading to a chain reorganization and a temporary price drop.
Recent events involving Monero's 51% attack and the takedown of Samourai Wallet have sparked concerns about the decline of privacy-focused crypto tools.
Monero (XMR) has experienced a significant price drop due to concerns over a 51% network attack by the Qubic mining pool, leading to panic among investors and accelerated bearish momentum.
Qubic claims to have achieved 51% control of Monero's hashrate, raising concerns about network decentralization and potential 51% attack risks, though it describes the move as an experiment in game theory.
Security experts warn of a possible 51% attack on Monero, with reports indicating Qubic project has captured 51% of the network's hashrate, leading to a six-block chain reorganization and concerns over network security.
Tom Lee's BitMine has become the world's largest corporate ETH holder with 1.15M ETH (~$5B), driving ETH's price and narrative as a corporate reserve asset.
Monero (XMR) is undergoing a successful 51% attack by the smaller Qubic chain, leading to a 13% drop in XMR's value and potential network takeover.
The cryptocurrency market saw significant growth, with its total market capitalization briefly exceeding $4 trillion, driven by strong performances from altcoins like Ether and LINK.
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