Qubic Launches Attack on Monero, Who's Next?

2025/08/19 16:06 (Updated 2025/08/20 08:01)
CoinPost
Written by N.Koda
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Qubic Launches Attack on Monero, Who's Next?

The Attack on Monero and Its Implications

The next-generation AI blockchain project 'Qubic' has reported a successful 51% attack on the cryptocurrency Monero (XMR) and has decided to target Dogecoin (DOGE) next, as determined by community voting. The announcement was made by Qubic network's founder, Sergey Ivancheglo (also known as Come-from-Beyond), on platform X. However, the success of this attack has been questioned by several security experts. Shai Wyborski and MEVEN, among others, estimate that the hash rate share achieved was only about one-third, suggesting that the claim of a 51% attack might be exaggerated.

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Iolite Vol.15

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MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.