Posts

Showing posts with the label monero

Qubic failed to 51% attack Monero, but Dogecoin is next

Last week, Qubic’s claims of a 51% attack on the Monero blockchain sent shockwaves through the cryptosphere. Was the network underpinning the $5 billion privacy coin compromised? Ultimately, it appears that the claims were somewhat overplayed; even Qubic’s founder has admitted as much. However, undeterred, the community has now set its sights on a new target: Elon Musk’s favorite, Dogecoin. The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5 — Come-from-Beyond (@c___f___b) August 17, 2025 Read more: ‘Please, do not resist’: Qubic hash grab worries Monero maxis 51% or 34% attack? With some doubts surrounding the credibility of the 51% figure, Protos, amongst others, looked into Qubic’s claims of dominating the total hashrate on Monero. “It was a takeover and demonstration” of the project’s “outsourced computation capability,” an administrator of Qubic’s Telegram community told Protos at the time. Since then, deeper analyses ha...

Zcash records double-digit gains as privacy coins demand soars

Image
Zcash (ZEC) has posted double-digit gains, primarily driven by renewed demand for privacy-focused coins, standing out in a downward cryptocurrency market. As of press time, ZEC was trading at $51.67, up over 10% in the past 24 hours. Over the past month, Zcash has surged more than 40%, pushing its market capitalization to around $860 million, edging closer to the $1 billion milestone. ZEC one-day price chart. Source: CoinMarketCap While most major cryptocurrencies remain under pressure, Zcash’s rally is partly fueled by increased usage of its privacy Features .  A key metric supporting this momentum is the total shielded ZEC supply, which rose by 6,484 ZEC on June 1, bringing the total to 3,119,887 ZEC, worth approximately $161.6 million. That’s a $1.26 million increase in shielded transactions in just one day.  Zcash total Shielded pool. Source: ZeroBits Shielded holdings are a core feature enabling private transactions on the Zcash network. It reflect...