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Kraken Halts Monero Deposits Following 51% Attack—Privacy Coin Under Siege
Kraken Halts Monero Deposits Following 51% Attack—Privacy Coin Under Siege
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Monero's vaunted privacy shields couldn't stop a 51% attack—now Kraken's hitting pause on deposits as the network scrambles to recover.
When 'immutable' chains get rewritten: The crypto exchange acted fast after attackers double-spent XMR by controlling majority hashpower. No numbers disclosed—because in privacy coins, even the hacks are confidential.
Meanwhile, Wall Street bankers clutch their pearls and whisper 'See? This is why we stick to rehypothecating the same collateral six times over.'
Kraken suspends Monero deposits after a serious 51% attack shook the privacy coin’s network. The exchange said the pause... Read More
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