Selasa, 12 Agustus 2025

Monero hit by critical 51% attack as Qubic gains control of network

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Monero hit by critical 51% attack as Qubic gains control of network

Monero's XMR tumbles 9% as Qubic's network control alarms investors and challenges blockchain security.

CryptoSlate

Aug 12

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Happy Tuesday!

Monero faces a significant security breach as a critical 51% attack by Qubic sends its XMR price tumbling 9%, raising fresh concerns over the blockchain's integrity. Meanwhile, Solana's REX Osprey ETF struggles to attract institutional investors, posting zero net flows through most of August due to its complex structure. On a bullish note, VivoPower moves forward with a $100 million Ripple stake acquisition after regulatory clearance, signaling a strategic shift to strengthen its crypto treasury. Dive into the full stories below for all the details.

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The global crypto market cap is $4 trillion, with a 24-hour volume of $189.95 billion. The price of Bitcoin is $119,329.59, and BTC market dominance is 59.4%. The price of Ethereum is $4,413.55, and ETH market dominance is 13.3%. The best-performing sector is Oracle, which gained 6%. The Crypto Fear & Greed Index is currently Greed (68).