🚨 Kraken reactivates Monero deposits after 51% attack.
The most iconic privacy network in the ecosystem, Monero, has just survived a severe blow: a 51% attack executed by Qubic, a network focused on artificial intelligence and blockchain. The attack managed to control the majority of Monero's hashrate, jeopardizing its decentralization and security.
In light of the risk, Kraken temporarily suspended XMR deposits, generating uncertainty in the community.
But now, deposits have been reactivated, although with a warning that if the attack persists, they may be paused again.
Qubic says that its goal is not to destroy Monero, but to redirect mining to its protocol, raising doubts about the future of the network and its resistance to censorship.
💥 What does this mean for the ecosystem?
- The narrative of privacy and decentralization is under fire.
- Monero faces its biggest test since its inception.
- Exchanges are taking swift measures to protect users.
📉 The price of $XMR showed volatility, but still maintains key support.
We remain vigilant: if Qubic maintains control, we could see structural changes in the network.
Is this the beginning of the end for Monero or an opportunity to strengthen its security?
