Monero Blockchain At Risk Of Hostile Takeover? Rumors Of Complete Blockchain Rewrite Circulate
Description
The cryptocurrency world has been shaken by claims from Qubic, a project led by IOTA co-founder Sergey Ivancheglo, that it has allegedly seized majority control of the Monero blockchain’s hashrate. According to the team, this milestone was reached on August 11, 2025, after a focused push that lasted several weeks. The development has opened up concerns over Monero’s network security and the vulnerability of mid-cap Proof-of-Work blockchains to incentive-driven takeovers. How Has The Monero Situa...
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