Kraken Pauses Monero Deposits Following Detection of 51% Attack
Kraken Suspends Monero Deposits
In a swift response to a detected threat, Kraken has announced the temporary cessation of Monero deposits. The reason for this measure is the alarming news of a 51% attack targeting the Monero blockchain, which poses significant risks to its users.
Impact on Users
This suspension is crucial for securing the funds of Monero holders, as it provides time for the network security team to assess the situation. Users are urged to stay informed as the exchange actively works to maintain safety on its platform.
Monitoring Developments
As the situation evolves, Kraken is committed to providing updates and ensuring transparency regarding the safety of Monero (XMR) transactions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.