Aug 18, 2025
Cryptocurrency exchange Kraken has halted Monero deposits citing potential risks after a single mining pool—Qubic—claimed control of over 50
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Cryptocurrency exchange Kraken has halted Monero deposits citing potential risks after a single mining pool—Qubic—claimed control of over 50
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Monero Under Threat: Kraken Suspends Deposits After Reported 51% Hashrate Takeover
Kraken has temporarily halted Monero (XMR) deposits after Qubic, an AI-focused mining pool, allegedly gained majority control (51%) of the network's hashrate and reorganized multiple blocks. This has raised serious concerns around Monero's network integrity and the risks of double-spending. Other exchanges may follow suit until stability returns. 👉 Full article: https://crypto.news/monero-xmr-kraken-deposits-qubic-grabs-51-hashrate/