Close Menu
maincoin.money
    What's Hot

    US DOJ Representative Indicates Department’s Opposition to Roman Storm Retrial

    August 21, 2025

    XRP Fluctuates Between $2.84 and $2.99 as Traders Target a Break Above $3

    August 21, 2025

    XRP Poised for Strong Recovery from $2.90 Amid ISO 20022 Advantage

    August 21, 2025
    Facebook X (Twitter) Instagram
    maincoin.money
    • Home
    • Altcoins
    • Markets
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
      • Regulation
    Facebook X (Twitter) Instagram
    maincoin.money
    Home»Altcoins»After Monero Hit, Qubic Group Puts Dogecoin On Target List
    Altcoins

    After Monero Hit, Qubic Group Puts Dogecoin On Target List

    Ethan CarterBy Ethan CarterAugust 18, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    After Monero Hit, Qubic Group Puts Dogecoin On Target List
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Qubic’s mining group has picked Dogecoin as its next target after claiming it briefly gained majority control of Monero’s network, according to reports.

    Related Reading

    The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17.

    Community Picks Dogecoin

    Based on reports, Dogecoin won the vote with more than 300 votes. Qubic’s founder, Sergey Ivancheglo, shared that Dogecoin beat out Zcash and Kaspa in a public poll.

    The project says its Monero pool reached a 51% share and that it currently runs about two point three GH/s of Monero hashrate.

    The group calls these moves “stress tests” and says they are meant to show how its mining model works, while also using pool profits to buy and burn QUBIC tokens. The group added it does not want to destroy networks.

    The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5

    — Come-from-Beyond (@c___f___b) August 17, 2025

    The technical claim has sparked debate in the Monero community. Some developers and miners question whether the pool ever held sustained, uncontested control.

    Others say the actions — which reorganized blocks — are proof the group can alter short stretches of chain history. Either way, the interruption was enough for Kraken to pause Monero deposits while exchanges and services assessed risk.

    What A 51% Attack Can Do

    A 51% attack lets the controller reorganize blocks or stop transactions. A group that controls more than half of a network’s mining power can rewrite recent blocks, halt certain transactions, or try double-spends.

    Qubic’s move showed it could force a small reorg on Monero. If a similar level of control were applied to Dogecoin, the effect could be larger because Dogecoin has a market capitalization above $35 billion.

    DOGE market cap currently at $33.4 billion. Chart: TradingView

    Still, Dogecoin benefits from merged-mining with Litecoin and runs at a much higher hashrate, so an attack would likely cost far more.

    Markets and exchanges reacted quickly. Prices moved on the news and custodial services tightened checks.

    Kraken’s decision to pause deposits underscored how exchanges will act fast when block reorgs or other threats appear. Users and traders faced increased short-term uncertainty.

    Related Reading

    What To Watch Next

    Based on reports, the timeline is unclear but the issue raises bigger questions. Qubic has not given a clear timeline for any action against Dogecoin.

    Observers will watch for technical logs, more statements from the project, and any responses from Dogecoin and Litecoin developers.

    A Hostile Act?

    People will also be looking for proof that Qubic’s tests were non-destructive and for evidence about how long the pool actually held control.

    Most outlets call what Qubic did a 51% attack (a chain reorg), not a “hack” in the usual sense — but it’s still an attack on network consensus and many people treat it as hostile.

    Featured image from Meta, chart from TradingView

    Dogecoin Group Hit List Monero Puts Qubic Target
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar photo
    Ethan Carter

      Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.

      Related Posts

      XRP Fluctuates Between $2.84 and $2.99 as Traders Target a Break Above $3

      August 21, 2025

      XRP Pattern Suggests Q4 Surge as Whales Prepare to Reaccumulate

      August 21, 2025

      What’s Happening? Fake Kanye West Coins Plummet After Launch of Official YZY Token

      August 21, 2025
      Blockchain

      US DOJ Representative Indicates Department’s Opposition to Roman Storm Retrial

      By Ethan CarterAugust 21, 20250

      Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be…

      Bitcoin

      XRP Fluctuates Between $2.84 and $2.99 as Traders Target a Break Above $3

      By Ethan CarterAugust 21, 20250

      XRP surged towards the $3 level in the last trading session, with trading volumes increasing…

      XRP Poised for Strong Recovery from $2.90 Amid ISO 20022 Advantage

      By Ethan CarterAugust 21, 20250

      error code: 524

      XRP Poised for Positive Upswing from $2.90 on ISO 20022 Advantage

      By Ethan CarterAugust 21, 20250

      XRP Anticipates a Positive Rebound from $2.90 as Market Trends ImproveAli Martinez suggests that XRP…

      Recent Posts
      • US DOJ Representative Indicates Department’s Opposition to Roman Storm Retrial
      • XRP Fluctuates Between $2.84 and $2.99 as Traders Target a Break Above $3
      • XRP Poised for Strong Recovery from $2.90 Amid ISO 20022 Advantage
      • XRP Poised for Positive Upswing from $2.90 on ISO 20022 Advantage
      • XRP Fractal Suggests Q4 Surge as Whales Target Reaccumulation

      At MainCoin.Money, we cover everything from Bitcoin and Ethereum to the latest trends in Altcoins, DeFi, NFTs, blockchain technology, market movements, and global crypto regulations.

      Whether you’re a seasoned investor, a blockchain developer, or just curious about digital assets, our mission is to make crypto news accessible and reliable for everyone.

      Facebook X (Twitter) Instagram Pinterest YouTube
      Top Insights

      US DOJ Representative Indicates Department’s Opposition to Roman Storm Retrial

      August 21, 2025

      XRP Fluctuates Between $2.84 and $2.99 as Traders Target a Break Above $3

      August 21, 2025

      XRP Poised for Strong Recovery from $2.90 Amid ISO 20022 Advantage

      August 21, 2025
      Get Informed

      Subscribe to Updates

      Get the latest creative news from FooBar about art, design and business.

      Facebook X (Twitter) Instagram Pinterest
      • About Us
      • Contact us
      • Privacy Policy
      • Disclaimer
      • Terms and Conditions
      © 2025 maincoin.money. All rights reserved.

      Type above and press Enter to search. Press Esc to cancel.