This week’s crypto headlines were dominated by security threats, major protocol upgrades, and institutional moves into new assets. Here are the key developments.

Qubic Pool executes 51% attack on Monero
The Monero network suffered what appears to be a successful 51% attack by Qubic mining pool. On Tuesday, a major blockchain reorganization was detected after Qubic seized majority hashing power, allowing it to censor transactions and conduct double-spending. Reports show six blocks were reorganized and 60 orphaned, with nearly 750 XMR mined in two hours. Qubic framed the attack as a planned experiment, redirecting computing power from its decentralized AI platform. Analysts noted Monero’s small hashrate made the network vulnerable compared to larger PoW chains.

MyStonks faces frozen funds dispute
A user accused MyStonks of freezing $6.2 million in withdrawals. The platform responded that it had received a law enforcement request and flagged suspicious mixing activity, stressing compliance obligations.

Ronin prepares Layer 2 upgrade for 2026
Ronin announced a full Layer 2 migration by early 2026, shifting to a Proof of Distribution model. Rewards will be allocated to developers rather than validators, while transaction speeds are projected to improve 12x.

HashStaking and GeekStake see rapid growth in Ethereum staking
Ethereum staking continues to evolve, and platforms like HashStaking and GeekStake are emerging as leading alternatives to traditional staking services. As Lido’s market share drops to 24.4%, these mid-sized platforms are attracting attention for their transparent operations, competitive APY rates, and active user engagement.

HashStaking offers multiple staking pools with flexible lock-up periods, enabling users to optimize returns according to their investment strategies. The platform distributes rewards daily in ETH and stablecoins like USDT, allowing investors to start earning immediately. HashStaking also incorporates deflationary mechanics, using portions of fees for token buybacks and burns to support long-term value appreciation.

GeekStake focuses on accessibility and user experience. Its intuitive dashboard allows participants to track staking rewards, adjust strategies, and claim bonuses in real time. GeekStake adds incentives for referrals, loyalty, and long-term staking, encouraging sustained community engagement.

Both platforms are contributing directly to Ethereum’s network security while offering attractive returns to users. Analysts note that this trend reflects a broader shift from large, centralized staking pools to platforms that balance transparency, efficiency, and decentralized participation. With growing inflows and high user satisfaction, HashStaking and GeekStake are positioning themselves as key players in the Ethereum staking ecosystem for 2025.

Taiko introduces pre-confirmation on Ethereum
Ethereum scaling project Taiko launched a pre-confirmation system on mainnet, cutting transaction response times to around two seconds. The team says it will improve predictability for DeFi, GameFi, and enterprise apps.

LayerZero proposes $110M Stargate acquisition
The LayerZero Foundation has offered $110 million to acquire cross-chain bridge Stargate and its token STG, planning a swap into native ZRO tokens and dissolution of Stargate DAO.

GMX completes $44M compensation
Following its V1 vulnerability, GMX distributed $44 million to affected GLP holders through new GLV tokens, partially backed by DAO treasury funds.

Uniswap explores Wyoming’s DUNA framework
The Uniswap Foundation proposed establishing DUNI, a DAO entity under Wyoming’s DUNA laws, to strengthen compliance and pave the way for protocol fees.

PumpFun regains Solana memecoin dominance
PumpFun rebounded to 75% market share in Solana memecoin launches, reclaiming its lead from LetsBonk.

Grayscale files DOGE ETF
Grayscale applied to convert its Dogecoin Trust into a spot DOGE ETF (ticker GDOG) on NYSE Arca, joining Rex-Osprey and Bitwise in the race.