Thursday October 9, 2025

Kraken Freezes Monero Deposits After Qubic Boasts Network Dominance

Kraken Freezes Monero Deposits After Qubic Boasts Network Dominance

by Jamie Redman August 17, 2025 1 min read

(Originally posted on : Bitcoin News )

Kraken announced in a security update that the centralized crypto exchange is temporarily halting monero ( XMR) deposits. The platform explained that it had discovered that a single mining pool has captured control of more than half of the network’s hashing power. Qubic’s Controversial Dominance Sparks Exchange Freeze The privacy-focused crypto network Monero has been […]

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