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Kraken Halts Monero Deposits Amid 51% Attack Fears – Privacy Coin Under Siege?

Kraken Halts Monero Deposits Amid 51% Attack Fears – Privacy Coin Under Siege?

Published:
2025-08-17 13:38:21
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Kraken slams the brakes on Monero deposits as whispers of a 51% attack send shockwaves through crypto circles. The exchange isn't taking chances with XMR's blockchain integrity—proving even privacy coins can't hide from market chaos.

When exchanges play watchdog

Monero's vaunted anonymity features clearly didn't extend to masking this potential network vulnerability. Kraken's move exposes the crypto industry's eternal struggle: decentralization ideals versus the cold reality of exchange risk management.

Finance never changes

Meanwhile, Wall Street hedge funds still can't decide whether to short 'unhackable' blockchains or lobby for stricter regulations. Some things—like greed and FUD—transcend both traditional and crypto markets.

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