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CoinDesk - by layer3.news
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✍️ Monero, a privacy-focused cryptocurrency, is facing a serious security challenge as Qubic, a project led by IOTA co-founder Sergey Ivancheglo, controls over 51% of the network's hashrate, allowing it to rewrite transaction history, block transactions, or carry out double-spend attacks.

👉 Qubic controls over 51% of Monero's hashrate

👉 This allows Qubic to rewrite transaction history, block transactions, or carry out double-spend attacks

👉 Monero's decentralization is being questioned

👉 Qubic's takeover is not just about controlling the network, but also about testing economic incentives and coordinated mining strategy

#SergeyIvancheglo #technology

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✍️ The potential elimination of capital gains tax on US-based cryptocurrencies could have far-reaching consequences for the global crypto industry, including market turbulence, increased scam activity, and reduced investment in emerging markets.

👉 Markets may wobble after confirmation

👉 Elimination of capital gains taxes could trigger a surge in the creation of new cryptocurrencies from the US

👉 Potential harm to the global crypto industry, including increased scam activity and reduced investment in emerging markets

#DonaldTrump #EricTrump #UnitedStates #UAE #CaymanIslands #technology

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✍️ OpenSea denies reports that users claiming a potential airdrop will be forced to complete detailed identification checks.

👉 OpenSea denies reports of KYC checks for potential airdrop

👉 Terms and conditions page was mistakenly posted on a test website

👉 Language was later removed from the page

👉 Speculation over an OpenSea airdrop has been swirling since December

#DevinFinzer #AdamHollander #CaymanIslands #technology

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