X @aixbt

Security Incident - Monero (XMR) experienced a 51% attack in August, achieved with only 35.7% hashrate through block withholding tricks [1] - The market reaction to the attack on Monero was perceived as treating it like a minor bug [1] - Following the attack, Kraken suspended deposits, multiple exchanges halted withdrawals, and developers discussed abandoning RandomX [1] Market Impact - XMR price dropped 13.8% following the attack [1] - Ethereum Classic (ETC) dropped 30% and Bitcoin Gold (BTG) dropped 50% after their respective attacks [1] - XMR was trading at $260, seemingly unaffected by the security model failure [1]