Crypto Exchange Kraken temporarily stopped Monero deposits (XMR) due to a 51% of the privacy -oriented blockchain attack that threatened the security of the network.

The 51% attack occurs when one mining pool controls over 50% of the total mixing power of the blockchain network, which gives the possibility of twice the transaction and the change in the order of transactions in the book. Exchange of Kraken wrote On Friday:

“As precautions, we stopped Monero deposits after detecting that a single mining pool gained over 50% of the total power mixing power. This concentration of mining power is a potential risk of network integrity.”

QUBIC, Blockchain and a mining pool oriented on AI layer 1, claimed that on Monday he controlled the majority of Hashratu Monero and reorganized six blocks, which resulted in a denial of the attack from the Monero community.

Monero is the main protocol retaining privacy and 29. As for the size of the crypto according to market capitalization, According to to Coinmarketcap. The 51% attack on the network sent shock waves through the Monero community, causing a wave of response.

Related: “The Economic Attack Monero receives a strong reaction of the community

A single mining pool accepts network control

“After a monthly technical confrontation with a high rate, QUCC reached 51% of Hashrate Monero dominance, successfully reorganizing Blockchain,” QUBIC spokespersons wrote On Tuesday.

The mining pool was initially rejected while trying to take over, falling to the seventh largest miner of the protocol and was hit by the alleged attack of refusal to serve on August 4.

The service of a service (DDOS) is flooded with a computer, a network or server with a false incoming movement, clogging the system and preventing the passage of real movement.

The DDOS attack on QUBIC has rapidly reduced the hashrate mining pool from 2.6 gigahash per second (GH/s) to just 0.8 GH/s, According to To Sergey Ivancheglo, a person who demanded responsibility for a 51% attack.

However, the quub pool regained its hash power, ultimately controlling the majority of computing force in the Monero network.

“This event is a key moment in the cryptographic industry,” Qubic spokesmen continued, emphasizing the acquisition of a privacy protocol of $ 6 billion based on the AI protocol worth $ 300 million.

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