Qubic Developers Target Dogecoin for 51% Attack
The Qubic mining pool community has selected Dogecoin as the target for their next 51% attack. The vote was initiated by the project’s founder, Sergey Ivancheglo.
The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5
— Come-from-Beyond (@c___f___b) August 17, 2025
He proposed a choice between the networks of Dogecoin, Kaspa, and Zcash. Dogecoin received over 300 votes, more than the other projects combined.
The vote followed reports of a takeover of the hash rate of the Monero network.
Qubic representatives stated that the core functionality of the blockchain remained unaffected. They claimed that privacy, speed, and usability were not compromised. The ultimate goal is to secure the protocol with the help of Qubic miners.
The RIAT research institute published an analysis refuting Qubic’s recent claims of a “successful 51% attack” on Monero. According to experts, the incident is merely a marketing ploy rather than a real threat to the network.
In the wake of the attack, the Kraken exchange suspended Monero deposits. The platform cited a “potential risk to network integrity.” Withdrawals and trading of XMR remain available. Deposits will resume when it is deemed safe.
Back in July, the Qubic platform, led by IOTA co-founder Sergey Ivancheglo, announced plans to capture 51% of Monero’s hash rate between August 2 and August 31.
Alex Petrov, co-founder and CIO of Hyperfusion, told ForkLog that the attack turned out to be more of a PR campaign than a real threat.
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