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Kraken pauses Monero deposits following 51% attack

Kraken pauses Monero deposits following 51% attack
business8/16/2025

Kraken, a centralized crypto exchange, has temporarily paused deposits for Monero (XMR), a privacy coin, following a 51% attack on the network on Monday.

Crypto exchange Kraken has temporarily paused Monero (XMR) deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when one mining pool controls more than 5... [2291 chars]