Key Notes

The community selected Dogecoin as its next target through a public vote while framing the attacks as “stress tests” of its useful proof-of-work model.

The Monero incident caused Kraken to halt deposits and reignited concerns over the security of proof-of-work systems.

Amid Grayscale filing for a spot Dogecoin ETF, analysts predict a 170% breakout in Dogecoin price to $0.6533.

Following the 51% attack on privacy blockchain Monero last week, the latest chatter is that the Qubic community is now targeting Dogecoin.

Sergey Ivancheglo, the project’s founder, announced the update on Aug. 17 following a successful attack on Monero. In a public vote, the Qubic community chose Dogecoin over Zcash and Kaspa, garnering over 300 votes.

Will Dogecoin Face A 51% Attack?

Last week, th

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