Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate
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Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining…
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Kraken pauses Monero deposits after 51% attack amid hashrate concerns, highlighting vulnerabilities in smaller blockchains and reinforcing its user security commitment. Kraken, a leading cryptocurrency exchange, has temporarily paused Monero deposits. This decision comes due to an ongoing 51% attack on the privacy-focused Monero blockchain. The incident has cast a…
Monero (XMR), the privacy-centered coin, has recently experienced a significant event in its network. According to reports, Monero suffered an 18-block reorganization, in which 117 to 118 transactions were invalidated over about 40 minutes. Notably, this unusual incident has raised concerns, particularly about the effects of outside hashrate and the…
Monero is shaken by an attempt to takeover the network: the mining pool Qubic, the protagonist of the 51% attack, comes under DDoS, reducing its hashrate from 2.6 GH/s to 0.8 GH/s in a few hours. What happened between Qubic, Monero, and the DDoS threat? According to a post on…