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Security concerns linked to a proposed attack on Dogecoin by the Qubic blockchain community have led to a substantial decline in DOGE's price, along with a notable drop in futures open interest.
Following Monero's recent attack, the Qubic community has decided to focus on Dogecoin, while Bitcoin sees a significant decline.
Qubic claims to have taken over more than half of Monero's mining power, igniting fears about the cryptocurrency's decentralization and security.
Qubic's assertion of controlling over 51% of Monero's hashrate raises alarms regarding a potential 51% attack, invoking concerns about one of the most disruptive risks to the cryptocurrency network.
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