by: xpoolPosted on:

Kraken Suspends Monero Deposits Due to 51% Attack Risk

Following the announcement of Qubic’s control exceeding 51% of Monero’s hashrate, Kraken has paused Monero deposit functionality. This action was taken to safeguard users and ensure network security, while trading and withdrawals remain unaffected. Kraken is actively monitoring the situation and will reinstate deposits once deemed safe.

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