by: xpoolPosted on:

Kraken Halts Monero Deposits Amid 51% Attack Concerns

Cryptocurrency exchange Kraken has temporarily halted deposits of privacy coin Monero (XMR) due to a confirmed 51% attack on the token’s blockchain. While withdrawals and trading for XMR remain active, this decision underscores concerns about the security of the Monero network. This action comes as Kraken takes a precautionary approach, considering the impact of the identified mining pool control on the blockchain’s integrity.

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