This week’s crypto headlines had been dominated by safety threats, main protocol upgrades, and institutional strikes into new property. Listed here are the important thing developments.
Qubic Pool executes 51% assault on Monero
The Monero community suffered what seems to be a profitable 51% assault by Qubic mining pool. On Tuesday, a serious blockchain reorganization was detected after Qubic seized majority hashing energy, permitting it to censor transactions and conduct double-spending. Experiences present six blocks had been reorganized and 60 orphaned, with almost 750 XMR mined in two hours. Qubic framed the assault as a deliberate experiment, redirecting computing energy from its decentralized AI platform. Analysts famous Monero’s small hashrate made the community susceptible in comparison with bigger PoW chains.
MyStonks faces frozen funds dispute
A consumer accused MyStonks of freezing $6.2 million in withdrawals. The platform responded that it had acquired a legislation enforcement request and flagged suspicious mixing exercise, stressing compliance obligations.
Ronin prepares Layer 2 improve for 2026
Ronin introduced a full Layer 2 migration by early 2026, shifting to a Proof of Distribution mannequin. Rewards shall be allotted to builders reasonably than validators, whereas transaction speeds are projected to enhance 12x.
Taiko introduces pre-confirmation on Ethereum
Ethereum scaling undertaking Taiko launched a pre-confirmation system on mainnet, chopping transaction response occasions to round two seconds. The crew says it’s going to enhance predictability for DeFi, GameFi, and enterprise apps.
LayerZero proposes $110M Stargate acquisition
The LayerZero Basis has provided $110 million to amass cross-chain bridge Stargate and its token STG, planning a swap into native ZRO tokens and dissolution of Stargate DAO.
Lido’s market share hits file low
Ethereum staking chief Lido noticed its market share drop to 24.4%, its lowest ever, after shedding 285,000 ETH. In the meantime, Figment added 344,000 ETH, reflecting intensifying competitors in staking.
GMX completes $44M compensation
Following its V1 vulnerability, GMX distributed $44 million to affected GLP holders via new GLV tokens, partially backed by DAO treasury funds.
Uniswap explores Wyoming’s DUNA framework
The Uniswap Basis proposed establishing DUNI, a DAO entity underneath Wyoming’s DUNA legal guidelines, to strengthen compliance and pave the best way for protocol charges.
PumpFun regains Solana memecoin dominance
PumpFun rebounded to 75% market share in Solana memecoin launches, reclaiming its lead from LetsBonk.
Grayscale recordsdata DOGE ETF
Grayscale utilized to transform its Dogecoin Belief right into a spot DOGE ETF (ticker GDOG) on NYSE Arca, becoming a member of Rex-Osprey and Bitwise within the race.
Supply
