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Kraken Suspends Monero Deposits Due to 51% Attack
Summary: According to reports, Kraken has announced the suspension of Monero (XMR) deposits as a security precaution, after detecting a single mining pool gaining over 50% of the network's total hash rate. This concentration of hash power could pose a potential risk to network integrity. Kraken is monitoring the situation and will resume deposits once safety ...
According to reports, Kraken has announced the suspension of Monero (XMR) deposits as a security precaution, after detecting a single mining pool gaining over 50% of the network's total hash rate. This concentration of hash power could pose a potential risk to network integrity. Kraken is monitoring the situation and will resume deposits once safety is confirmed. XMR trading and withdrawals remain fully operational.
