Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears

Qubic, a project led by former IOTA IOTA - $0.141924462047287 co-founder Sergey Ivancheglo, says it has secured more than 51% of Monero's global hashrate, a milestone that, if true, gives it the ability to reorganize blocks, censor transactions, and attempt double-spends on the privacy-focused blockchain.

Source: coindesk.com

Related symbols: QUBICUSD

2025-08-12 12:18:03 GMT.

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Price & Market Data

Price: $0.141924462047287

Volume 24h: $24,028,963.09

Market Cap: $581,707,744.05

Description

IOTA (IOTA) is a cryptocurrency launched in 2015. IOTA has a current supply of 4,600,000,000 with 4,098,713,750 in circulation. The last known price of IOTA is 0.14365735 USD and is up 1.42 over the last 24 hours. It is currently trading on 212 active market(s) with $24,097,774.38 traded over the last 24 hours. More information can be found at https://www.iota.org/.