Kraken suspends Monero deposits due to 51% attack

ChainCatcher news, according to the official announcement, Kraken has suspended deposits for Monero (XMR) as a security precaution because a single mining pool has been detected to have gained over 50% of the total hash rate of the network. This concentration of hash power may pose a potential risk to the integrity of the network. However, withdrawal and trading functions remain open, and the deposit function will be restored after confirming network security.