BlockBeats news, on August 17, according to an official announcement, Kraken announced that as a security precaution, it has suspended deposits of Monero (XMR) due to the detection of a single mining pool gaining over 50% of the total hash rate of the network. This concentration of hash power could pose a potential risk to the integrity of the network.
Kraken is closely monitoring the situation and will resume deposits once safety is confirmed. Transactions and withdrawals of XMR continue to operate normally.
