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by: xpoolPosted on: August 17, 2025

Kraken Halts Monero Deposits Amid Security Concerns over Mining Pool Dominance

Cryptocurrency exchange Kraken has paused accepting new Monero (XMR) deposits, citing concerns about a concentrated mining pool’s control of 50% of the network’s hashing power. This action highlights vulnerabilities in privacy coin security and raises questions about centralization in blockchain operations.

Related posts:

  1. Privacy Coins Thrive Amidst 2025 Market Volatility
  2. Privacy Coins Surge: Why Users Are Leaving Bitcoin and Ethereum Behind for Monero
  3. Monero Price Prediction 2025: A Year of Volatility and Opportunity
  4. Monero Price Rallies: Will it Clear Resistance at $272?
Cryptosecurity Monero Privacy Coins

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