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In a startling development, the Qubic mining pool has successfully executed a 51% attack on the privacy-focused blockchain Monero (XMR). With this, it has gained control of the majority of Monero’s network hashrate.

At the European Anti-Financial Crime Summit 2025 held in Dublin, Eurogroup President and Ireland’s Finance Minister, Paschal Donohoe, announced the EU’s intention to implement strong regulations with the goal of enhancing transparency in cryptocurrency transactions.