By : Vignesh Karunanidhi
Publisher : crypto
Date : August 17, 2025

Monero in trouble: Kraken freezes deposits, Qubic grabs 51% hashrate

Kraken suspended Monero deposits after detecting that a single mining pool gained majority control of the network’s hashrate. The exchange cited security concerns following what appears to be a successful 51% attack on the privacy-focused blockchain. “As a security precaution,…

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