Post
Topic
Board Altcoin Discussion
Re: If Monero Can Suffer 50% Hashrate Risk, Why Can't Bitcoin?
by
Quantum_Resolve7987V
on 19/08/2025, 05:07:14 UTC
Quote
Update - Monero (XMR) deposits have been re-enabled and now require 720 confirmations before crediting
Given the current uncertainty around the security of the Monero network due to major hash rate consolidation under a single entity, Kraken may halt deposits at any time and delay crediting at its discretion. 
Source: Kraken status page (Aug 18, 2025 - 04:30 UTC)

720 confirmations?! 😳 That sounds like forever! 

And yet… withdrawals are still allowed?? That’s wild. Seems crazy strict on deposits but somehow you can still send your XMR out. 

Honestly, the whole thing makes me wonder — if something like this happened to Bitcoin, the panic would be off the charts.