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Qubic continues to wreak havoc on Monero with multiple reorgs

Qubic, the Monero mining pool which previously falsely claimed to 51% attack Monero, has recently pulled off multiple 9-block reorgs.

Was there a Monero 51% attack today?

Monero’s XMR has lost 25% of its market cap over the last 30 days during a sustained mining hashrate takeover.

In what’s being called an “economic attack,” Qubic is offering higher rates, paid in its own token, to XMR miners willing to join its pool.

The alleged “IntelBroker” hacker was reportedly already arrested by UK police in 2018 over thousands of hoax bomb threats.

Cointelegraph published an article about a supposed privacy vulnerability in Monero transactions. Turns out, nothing new happened.