Krutika Adani
51% Attack Scare
Monero plunged nearly 19% after Kraken froze deposits amid fears of a 51% attack by mining pool Qubic.
Quick Rebound
Panic faded as miners redistributed hashrate, reversing the attempted takeover. XMR bounced 7% to $260.
Network Resilience
Monero never halted, no double-spends occurred, and the community coordinated to secure the chain.
Privacy Coins Rise
Monero’s comeback renewed focus on privacy coins and secure wallet projects like Best Wallet.