Overview

• Kraken paused Monero deposits as a precaution after a Qubic pool claimed more than 50% hashrate control; trading and withdrawals remain operational.
• Qubic said it executed a six-block reorganization that orphaned roughly 60 blocks of Monero’s blockchain.
• Reported miner countermeasures, including increased P2Pool adoption, have reduced Qubic’s apparent dominance with no confirmed double-spend losses.
• Monero’s XMR price initially dropped by as much as 14% before partially rebounding on signs of network stability.
• In a community vote, Qubic’s members chose Dogecoin over Zcash and Kaspa as their next proof-of-work network target.