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The privacy-focused cryptocurrency Monero has suffered a major disruption, with 60 mined blocks discarded from its blockchain in the past 24 hours amid an ongoing attempted 51% attack by the Qubic network.
The Monero Consensus Status dashboard shows Monero saw 60 orphaned blocks (valid blocks that were rejected) in the last 720 blocks. The disruption comes amid an ongoing economic attack by the Qubic network, incentivizing selfish mining.
Qubic miners redirect their computing power to mine Monero (XMR) and sell the proceeds to buy and burn Qubic…
