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...