Kraken

Kraken temporarily stops Monero’s deposits after the 51% attack on Monday

by

Crypto Exchange Kraken temporarily interrupted Monero (XMR) deposits due to the current attack of 51% against the private life blockchain, which compromised network security. A 51% attack occurs when a mining pool controls more than 50% of the total hash power of a blockchain network, which gives it the opportunity to double and reorganize transactions … Read more

The reduction in the profits of Kraken Q2 as the exchange extends beyond the crypto

by

Kraken said $ 411.6 million in revenues for the second quarter of 2025, an increase of 18% compared to the same period last year, according to his profits. However, the stock’s adjusted profit fell 7% in annual shift to $ 79.7 million, compared to $ 85.5 million in the second quarter of 2024. According to … Read more