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The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. XMR dropped just shy of 9% after developers flagged the event. On Aug. 12, Sergey Ivancheglo, known in the crypto community as...

A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance. The fight escalated after Ivancheglo, the...