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51percent Attack

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cryptocurrency4 months ago

Monero Survives 51% Attack Despite Hashrate Concerns

Monero (XMR) experienced a 51% attack impacting its network integrity, yet its price rose by $11 in 24 hours, reaching $266 amid increased trading volume. The attack raised concerns over decentralization and stability, but XMR's price showed signs of a bullish breakout despite potential risks of a pullback. The incident highlights ongoing security challenges in the crypto space.