Krakeen stops Monero deposits after QBIC claimed by 51 % attack star-news.press/wp
Kraken, one of the largest encryption platforms in the world, stopped Monero (XMR) deposits, citing a 51 % attack on Blockchain, which focuses on privacy.
According to exchange, this Preventive measure is Designed to protect its users. Meanwhile, he confirmed that XMR trading and pulling it is still fully working.
XMR storms from Monero despite the freezing of the deposit and the claims of the attack
Corner Add He closely monitors the situation and will restore deposit services once the stability of the network.
This incident raised questions about the elasticity of the distinctive symbol network and mining decentralization.
Monero is an encrypted currency that focuses on privacy that hides the details of the main treatment, including the sender, the recipient and the amount. The features of not detecting its strong identity make it common among users looking for safe and unaccounted transfers.
On August 14, artificial intelligence -based encryption protocol Claim To gain the majority of control over Monero, a position known as a 51 % attack.
A 51 % attack occurs when a mine worker or swimming pool acquires control of the majority of the retail power in Blockchain. The control of this dual metal currencies can allow them or rearrange modern transactions.
According to QBIC, this control allowed the reorganization of six blocks and orphans around sixty others. During the two -hour alleged window, QBIC was said to have disrupted nearly 80 % of the network blocks, generating about 750 XMR and 7 million XTM.
However, the QBIC claim faced a large recovery and the attack rejecting service distributed from the Monero community.
Critics argue that the protocol has not exceeded 35 % of the network segmentation and depends on the selfish mining strategy rather than full control.
However, Sergey Ivanchglu, founder of QBIC, Assure The accident highlights the main risk of the network. According to him, it has shown the importance of preventing any one mine worker from exceeding 25 % of the total retail.
According to the statistics of the mining gathering DataQBIC currently occupies the largest Monero mining workers, controlling 2.04 GH/S of a total of 6.00 GH/S network from the time of the press.
Despite the ongoing attack and discussion, the market’s performance in Monero showed flexibility.
According to Beincrypto data, the price of XMR increased by more than 10 % over 24 hours, reaching about $ 264 at the time of writing this report.
The outstanding increase is restored to the attack rates before the attack, indicating the renewal of the investor’s confidence and a potential recovery in its momentum in the market.
The post Kraken stopped Monero deposits after Qubic was waived from the attack by 51 % first appeared on Beincrypto.
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2025-08-17 09:27:00
