Double-spending risk alarms raised as community detects Monero takeover
Description
The Monero chain is undergoing a successful 51% attack, with chain reorganization detected. One entity, the Qubic project, has managed an expensive takeover of more than half the hashrate, and has allegedly turned into a bad actor by changing block history. The Monero network may be undergoing a successful 51% attack, after one entity took over the hashrate. The Qubic mining pool is the main entity with the ability to rewrite on-chain history. Analysts have already noted Monero may have undergon...
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