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Kraken

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GameFi Guides

Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source

by admin September 17, 2025



Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter.

Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff Kramer, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person said, who declined to be identified.

Kraken declined to comment on the departures, none of whom immediately responded to requests for comment.

Kraken was reported to have trimmed “hundreds” of jobs ahead of a U.S. listing planned for the first quarter of 2026. Back in April of this year, a Kraken spokesperson said the firm was “making the difficult decision to eliminate certain roles and consolidate teams where redundancies exist, while continuing to hire in key areas of the business.”

Kraken’s income in Q2 2025 was 6.8% lower than in the equivalent quarter one year ago. The San Francisco, California-based exchange reported EBITDA of $79.7 million, versus $85.5 million in Q2 2024.

Read more: Kraken Sheds ‘Hundreds’ of Jobs to Streamline Business Ahead of IPO, Sources Say



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September 17, 2025 0 comments
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512,613,062,446 SHIB Out of Kraken as Anonymous Shiba Inu Whale Becomes Meme Coin Bull
NFT Gaming

512,613,062,446 SHIB Out of Kraken as Anonymous Shiba Inu Whale Becomes Meme Coin Bull

by admin September 14, 2025


There is a new Shiba Inu whale in the game, and they have just pulled 512.6 billion SHIB worth about $7.14 million out of Kraken’s hot wallets in one go, as per Arkham data. The tokens went into a new address, which now has almost all of its $7.1 million balance in SHIB, as well as just 5 ETH worth about $23,000.

The wallet, marked as “0x2CC,” has not moved any of the coins since the inflow. That leaves it as a one-sided account stacked almost entirely with SHIB, instantly ranking among the day’s largest inflows and even surpassing flows into wallets tied to Coinbase and Binance with surprising ease and unusual clarity.

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The purchase comes at a time when SHIB is trading near $0.0000138, which is about 5% down on the day. This makes the timing of the accumulation as intriguing as the scale and equally difficult to ignore.

Source: Arkham

Instead of waiting for a rebound, the buyer stepped in heavily during weakness, suggesting a different outlook from short-term traders who tend to reduce exposure in red sessions almost without hesitation or second thought.

Bullish for SHIB?

Pulling half a trillion SHIB out of Kraken is not just a “buy and store” move — it rewrites the short-term liquidity map. That amount, parked in a new wallet, is bigger than most daily exchange volumes for SHIB and instantly places the address in league with top institutional holders.

It stands out because the tokens were moved during a price drop, not a rally. This makes it look more like a planned entry made with intent to profit from it.



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September 14, 2025 0 comments
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XRP Hourly Volume Soars 203% on Kraken, What's Happening?
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XRP Hourly Volume Soars 203% on Kraken, What’s Happening?

by admin September 14, 2025


According to CoinGlass data, XRP suddenly saw a 203% hourly volume spike on the United States-based major cryptocurrency exchange Kraken as traders flocked in to profit from the recent market volatility.

The surge comes as spot U.S. traders continue to show interest in XRP, the third largest cryptocurrency by market capitalization amid ETF optimism. REX-Osprey ETFs have passed the SEC’s 75-day review and are expected to launch soon, with products including an XRP ETF.

In the last 24 hours, XRP has attracted $73,588,344 in trading volume on Kraken, ranking among the top traded assets on the crypto exchange.

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XRP has recorded $6.67 billion in trading volume in the last 24 hours, marking a 31% increase, according to CoinMarketCap data.

The crypto market has seen upside action in the last 24 hours with the majority of digital assets posting significant gains, including XRP.

XRP price action

XRP continued its rally in the early Saturday trading session, up 3% in the last 24 hours to $3.14. The cryptocurrency is on course to mark its fourth day of rise since Sept. 9, having broadly risen since the Sept. 1 low of $2.69.

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The rise has surpassed the daily SMA 50 at $3.01, which has capped XRP’s price since Aug. 19. With this crucial barrier removed and a high of $3.18 reached on Saturday, the next barrier remains at $3.38 and $3.66.

If a decisive breach above these key levels is achieved, XRP might aim at $4. So far, XRP is up 15% in September, a month historically deemed bearish for cryptocurrencies. In the event of a drop, XRP would seek to flip the daily SMA 50 barrier at $3 into support.



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September 14, 2025 0 comments
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Kraken brings tokenized U.S. stocks to the EU via xStocks
Crypto Trends

Kraken brings tokenized U.S. stocks to the EU via xStocks

by admin September 10, 2025



Kraken users based in the EU can now gain access to tokenized U.S. stocks and ETFs on-chain through the release of xStocks. The offerings are powered by Backed.

Summary

  • Kraken has expanded access to xStocks for traders based in the EU.
  • EU investors will gain access to more than 60 U.S. tokenized stocks and ETFs.

Kraken’s EU-based clients can now trade tokenized U.S. stocks and Exchange Traded Funds or ETFs as part of the global phased roll-out of xStocks. The expansion builds upon a recent phased launch of over 60 tokenized assets available across more than 140 countries.

This means that EU investors will be able to trade stocks like Tesla, NVIDIA, Strategy, Circle, Google, Apple and more through the Kraken app.

Powered by Backed, xStocks are tokenized stocks on a blockchain that represent shares of traditional companies or ETFs. They are backed 1:1 by the underlying shares held by a custodian and designed to mirror the value of traditional stocks.

The on-chain product offers benefits like around-the-clock trading, global accessibility, fractional ownership, and integration with Decentralized Finance protocols, without the need for traditional brokerage account. In fact, EU traders can immediately access xStocks through the Kraken app.

Historically, traders in the EU attempting to gain exposure to U.S. markets often face hurdles that make it difficult to participate. With traditional markets, EU investors are have to deal with limited or partial exposure to U.S. markets, friction from currency rates and cross-border transfers. Moreover, they experience delays due to different market hours as well as difficulty withdrawing and transferring equities between platforms.

By placing U.S. stocks on-chain, Kraken hopes to remove those barriers by offering a flexible and globally accessible way to gain exposure to U.S markets. xStocks can track the price of U.S. equities without the need for traditional brokers or third parties. EU investors can trade in tokenized certificates, enabling them to control assets and move them freely across platforms.

In addition, traders in the EU can use xStocks across DeFi protocols in the form of financial building blocks. Unlike traditional markets that are restricted by the operational hours, xStocks are available for 24 hours within the five weekdays on Kraken.

Kraken’s xStocks offering

Initially, xStocks were first deployed as SPL tokens on the Solana blockchain. Now, Kraken claims that it has plans to expand xStocks token support to include BEP-20 on the Ethereum mainnet. Users will be granted the choice to either interact with xStocks through Solana (SOL) or Ethereum (ETH).

Overtime, Kraken plans to expand support for xStocks by integrating with more blockchains, including Ink and other chains in the future.

Kraken’s Global Head of Consumer, Mark Greenberg, called expanding access to xStocks for customers in the European Union as a “natural next step” for the platform because of its established presence there.

“For too long, it’s been unnecessarily challenging to gain exposure to U.S. markets, and with xStocks we’re removing many of the barriers,” said Greenberg.

Scatter plot chart for xStocks measured Assets Under Management | Source: Dune Analytics

According to data from Dune analytics, xStocks has reached more than $3.6 billion in cumulative trading volume since its launch on June 30 this year. This figure accounts for volumes across centralized and decentralized exchanges, including Raydium and Kraken.

So far, the largest share of volume comes from TSLAx, NVDAx, MSTRx and CRCLx, tracking tracking Tesla, NVIDIA and Circle stocks respectively.

Most recently, xStocks made up roughly 58% of all tokenized stock trading in mid-August this year. In fact, Solana alone held a majority share of the xStocks market value at $46 million out of $86 million, as reported by crypto.news.



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September 10, 2025 0 comments
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Ethereum-Whale
GameFi Guides

Ethereum whale cashes out $8.97M profit after Kraken deposit

by admin September 7, 2025



Ethereum’s market is on edge as massive whale activity and sudden liquidations create chaos and uncertainty for traders. According to Onchain Lens, one whale deposited 2,074 ETH, worth about $8.97 million, into Kraken, making a profit of $6.07 million. This particular whale had gathered a total of 3,289 ETH between September 2021 and December 2024 for $6.43 million.

In another twist, Onchain Lens revealed that a whale with a hefty 15x ETH long position closed out with a $35.39 million loss. This whale continued with a pivot to a 25x leveraged Bitcoin short position, valued at $122.6 million.

Moreover, the Onchain tracker EmberCN had earlier reported an Ethereum whale, which had been quiet for a while moved 150,000 ETH to a staking address. According to EmberCN, three wallets from the ICO era transferred a total of $646 million in ETH, marking their first activity since February 2022.

通过以太坊 ICO 获得 100 万枚 ETH 的远古巨鲸/机构,在休眠了 4 年之久后,今天醒来把 15 万枚 ETH ($6.46 亿) 存进了以太坊质押。

◎他们最初是通过 3 个地址在 2015 年以太坊 ICO 获得了 100 万枚的 ETH,最近一次的操作已经是 4 年前 (2021/7):把 5.5 万枚 ETH 转进了 Gemini,当时 ETH 价格为… pic.twitter.com/y7MOe69Lt7

— 余烬 (@EmberCN) September 5, 2025

These transactions are part of a larger trend of ICO whales making a comeback. Just last month, one whale sent $19 million in ETH to Kraken, while another moved 2,300 ETH to the exchange.

Traders Face Heavy Liquidations

Coinglass data shows Ethereum’s total open positions at $9.04 billion, with short positions slightly dominating at 52.86%, totaling $4.78 billion. Long positions make up 47.14%, valued at $4.26 billion.

Margins are still balanced, with a $1 billion total margin split between longs at $473.25 million and shorts at $527.97 million. Losses are severe, reaching $237.29 million, with short positions down $215.31 million and longs down $21.99 million.

Ethereum Sentiment on Exchanges, Source: Coinglass

Funding fees highlight demand for shorts. Long traders paid $39.46 million, while shorts earned $138.86 million, showing stronger pressure from bearish bets.

High Volatility Despite Bullish Ratios

Even with bearish positions, sentiment on exchanges is bullish. According to the platform data, ETH/USDT long-to-short ratio on Binance is at 2.48, and among the top traders, it climbs to 3.07. OKX is showing a similar level of optimism with a ratio of 2.3.

That said, over the last day, with $23.98 million coming from the long liquidations and $8.88 million from the shorts, approximately $32.86 million in liquidations were recorded amid high volatility. 

Most of these $20.59 million liquidations occurred within the span of approximately four hours, punishing the long traders the most.

Ethereum’s market is volatile at the moment. Big whale moves, heavy betting with leverage, and sudden liquidations are creating wild swings, bringing chances to profit but also big risks.

Also Read: ARK Invest Buys $16M BitMine and $7.5M Bullish Stocks





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September 7, 2025 0 comments
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Decrypt logo
GameFi Guides

Kraken Acquires Breakout to Enable Leveraged Bitcoin Trading With Funded Accounts

by admin September 5, 2025



In brief

  • Kraken has bought proprietary trading platform Breakout.
  • It’s the latest acquisition by the crypto exchange.
  • San Francisco-based Kraken has said it is planning to go public.

U.S. crypto exchange Kraken has acquired proprietary trading platform Breakout, the company announced Thursday, as it continues its efforts to expand services ahead of a planned public offering. 

San Francisco, California-based Kraken said it bought Breakout for advanced traders. The platform allows eligible users to access up to $200,000 in notional capital and retain up to 90% of profits. Top traders are rewarded for making large trades. 

Kraken would not tell Decrypt the price of the transaction. 

“Breakout gives us a way to allocate capital based on proof of skill rather than access to capital itself,” Kraken co-CEO Arjun Sethi said in a statement. “In a world that is rapidly shifting from who you know to what you know, we want to build systems that reward demonstrated performance, not pedigree.”

Breakout offers traders 5 times leverage on BTC and ETH contracts. But traders have to pass an evaluation before receiving a notional capital allocation—and are subject to retests if they breach drawdown thresholds.

In a press release, Kraken said that it was “empowering” successful “traders to allocate at size into crypto markets,” and reaffirmed its aim to provide “innovative, performance-based products.” The company expects to integrate Breakout into its Kraken Pro platform. 

The debut comes as Kraken offers new products, including stocks and exchange-traded fund trading in certain U.S. states. In March, Kraken also announced it was buying futures trading platform NinjaTrader for $1.5 billion. 

The company intends to go public, a Kraken spokesperson confirmed to Decrypt earlier this year, possibly as early as early 2026, according to a Bloomberg report. The company would then become the second U.S.-based crypto exchange to trade publicly, following Coinbase, which listed on Nasdaq in April 2021. 



Kraken’s plans come amid a friendlier political and regulatory environment for digital assets ushered in by the administration of Donald Trump, who received massive donations from industry stalwarts during his 2024 run for president. 

In late March, the U.S. Securities and Exchange Commission dismissed enforcement actions against Kraken and two other crypto firms filing joint stipulations to drop the cases with prejudice, making the decisions final and not subject to refile. The regulator has also ended cases against Coinbase, Robinhood, Uniswap Labs, and OpenSea, among others. 

Sethi noted that the acquisition would enable Kraken to provide a service consistent with how “modern capital platforms should work.”

“By integrating Breakout into Kraken, we are building an infrastructure layer where traders can earn their way into size, deploy capital with minimal friction, and get paid on merit,” he said.

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September 5, 2025 0 comments
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Kraken Enters Prop Trading with Breakout Acquisition
Crypto Trends

Kraken Enters Prop Trading with Breakout Acquisition

by admin September 4, 2025



Kraken has stepped into proprietary trading with the acquisition of Breakout, a Tampa, Florida startup that backs traders with capital.

In a Thursday announcement, crypto exchange Kraken announced the acquisition of Breakout, a startup that backs traders with up to $200,000 in capital under a “rigorous evaluation” methodology that tests risk management and strategy discipline.

“Breakout gives us a way to allocate capital based on proof of skill rather than access to capital itself… We want to build systems that reward demonstrated performance, not pedigree,” Kraken’s co-CEO Arjun Sethi said in a statement.

Proprietary or prop trading is when traders use a company’s capital rather than their own, with profits shared between the two. Traders on Breakout’s platform can keep up to 90% of their profits, the company said.

Launched in 2023, the platform supports more than 50 crypto trading pairs, including leveraged contracts on Bitcoin (BTC) and Ether (ETH).

Source: Unclesendit

Financial terms of the deal weren’t disclosed. Breakout raised $4.5 million in seed funding in 2024, and will eventually be integrated into Kraken Pro as part of the exchange’s push into trading infrastructure.

The move also follows Kraken’s acquisition of NinjaTrader, a US-based futures and trading software platform, in May 2025 for $1.5 billion. 

After the 2008 financial crisis, US banks were restricted from proprietary trading, pushing activity to independent market makers and companies like Citadel Securities, Jane Street and Jump Trading.

Prop trading has also taken root in the crypto sector. Firms like Jump Crypto, a division of Jump Trading, and DRW’s Cumberland deploy their own capital in digital assets, including through market-making activities. Meanwhile, retail-focused platforms such as Crypto Fund Trader, HyroTrader and Breakout offer evaluation-based accounts to let traders access capital.

Related:  SBI Group, Chainlink partner to bring crypto tech to Asia’s finance scene 

Exchanges are busy making TradFi acquisitions

Crypto exchanges have been acquiring companies and products to expand their offerings of traditional finance tools.

In May, Coinbase closed a $2.9 billion deal to acquire Deribit, the derivatives exchange. It was one of largest mergers in the sector to date, giving Coinbase a significant foothold in derivatives trading.

That same month, Crypto.com secured approval from Cyprus regulators after acquiring A.N. Allnew Investments Ltd. This move granted it a MiFID license to offer regulated securities and derivatives across the European Economic Area. 

On Tuesday, Japanese crypto exchange Coincheck announced plans to acquire Aplo, a Paris-based regulated digital asset brokerage for institutions. The deals gives Coincheck a foothold in Europe’s regulated markets.

Magazine: Inside a 30,000 phone bot farm stealing crypto airdrops from real users



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September 4, 2025 0 comments
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crypto, Coinbase, SEC, PayPal
GameFi Guides

SEC Crypto Task Force And Kraken Discuss Asset Tokenization

by admin August 27, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US Securities and Exchange Commission’s staff and crypto exchange Kraken recently discussed various issues related to the tokenization of traditional assets and the regulatory framework for these assets.

Kraken Meets With Crypto Task Force

On Monday, Kraken and the US SEC Crypto Task Force’s staff met to discuss the tokenization of traditional assets and a potential tokenized trading system in the US. The Commission’s staff had a meeting with representatives from Payward, Inc., Kraken Securities LLC, and law firm Wilmer Cutler Pickering Hale and Dorr LLP.

According to the SEC’s memorandum, the agenda included approaches to address issues related to the regulation of crypto assets and the legal and regulatory framework for operating a tokenized trading system.

Notably, the topics also included an outline of the core components of the proposed tokenized trading system’s architecture, addressing potentially relevant provisions under the federal securities laws, examining how the SEC can provide regulatory clarity and facilitate innovation, and discussing the benefits of tokenization.

The reunion follows the crypto exchange’s interest in launching tokenized stocks of popular equities outside of the US. In May, Kraken announced its plan to allow non-US customers to trade a tokenized version of popular equities, offering over 50 stocks and Exchange-Traded Funds (ETFs), like Apple, Tesla, and Nvidia.

Kraken’s tokenized equities enable users in Europe, Latin America, Africa, and Asia to invest in US stocks even when the US stock market is closed, with lower trading costs and faster settlement.

Similarly, Coinbase is seeking the SEC’s approval to offer tokenized stocks to its customers. In June, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, told Reuters that the emerging sector is a “huge priority” for the crypto exchange.

Nonetheless, Coinbase would need to be granted a “no action letter” or exemptive relief from the Commission, as typically, companies that offer trading in securities must be registered as broker-dealers under the securities regulator.

“With a no-action letter, an issuer of a tokenized equity or a platform that wishes to offer secondary trading in those equities can have some confidence, some comfort, that the SEC has adopted its view of why this product is compliant,” Grewal stated, noting that, “it’s that confidence that has been lacking so far, and I think really held back a lot of the institutional adoption” of crypto and blockchain technology.

Industry Concerns For Tokenized Equities

Kraken’s push for regulatory clarity regarding tokenized stocks also follows recent concerns from the world’s biggest stock exchanges. On August 25, Reuters reported that the World Federation of Exchanges (WFE) called on securities regulators to crack down on tokenized equities, arguing that the blockchain-based tokens “create new risks for investors and could harm market integrity.”

The letter was reportedly sent to the SEC’s Crypto Task Force, the European Securities and Markets Authority (ESMA), and global securities watchdog IOSCO’s Fintech Task Force on August 22. The coalition expressed its concerns that these tokens “mimic” equities without providing the same rights or trading safeguards.

Earlier this year, the World Economic Forum outlined some of the major challenges for tokenized equities adoption, including the lack of sufficient secondary-market liquidity and a clear global standard.

“We are alarmed at the plethora of brokers and crypto-trading platforms offering or intending to offer so-called tokenised U.S. stocks,” the WFE wrote in the recent letter, suggesting that issuers of stock could suffer reputational damage if the tokens fail.

The WFE urged regulators to apply securities rules to tokenized assets, clarify legal frameworks for ownership and custody, and prevent them from being marketed as equivalent to stocks.

Bitcoin (BTC) trades at $110,337 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from NBC News, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 27, 2025 0 comments
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Kraken Expands Xstocks To Tron, Boosting Access And Defi Trading
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Kraken Expands xStocks to Tron, Boosting Access and DeFi Trading

by admin August 20, 2025



Tokenized stocks are racing into the spotlight, and Kraken is moving fast to stay ahead. On Wednesday, the exchange announced it is expanding its xStocks product onto the Tron blockchain. Through a partnership with TRON DAO and tokenization startup Backed, Kraken is now rolling out tokenized versions of popular equities like Apple, Nvidia, and Tesla across three major blockchains in less than two months.

Unlike conventional shares, these tokenized assets function as debt instruments for compliance, meaning holders cannot exercise governance rights. However, investors still gain fractional ownership, 24/7 trading, and DeFi integration.

Growing Multi-Chain Support

Kraken co-CEO Arjun Sethi highlighted the rapid expansion, saying, “Expanding xStocks to three blockchains in under 60 days shows what’s possible when you design for openness from the start.” 

The platform already links with Solana’s Kamino, Raydium, and Jupiter, as well as BNB Chain’s PancakeSwap and Venus Protocol. By deploying TRC-20 tokens on Tron, Backed ensures full 1:1 asset backing while allowing deposits and withdrawals directly within the Tron ecosystem.

“Tokenized equities represent a natural evolution for crypto, bridging traditional markets with blockchain,” added Justin Sun, founder of Tron, emphasising the wider picture. He said that greater accessibility for users globally could allow for efficiency and inclusivity for investors who were previously excluded.

Tron Sentiment and Market Impact

In the meantime, Tron’s network has seen an increase in profitability for its holders. Recent insights from CryptoQuant reveal that one-week holders have enjoyed a 3.8% rise. As per the chart, one-month holders have gained 10.3%, and three-month holders are leading with 31.2% profit. 

Notably, with $6.6 billion locked up, Coinbase’s Base network recently overtook Tron in the DeFi rankings, showing extreme competition on several ecosystems. “Base is doing a great job promoting native lending and borrowing protocols,” a spokesperson for DeFi lender Morpho, the biggest DeFi protocol on Base with over $2.5 billion in deposits, said.

Tokenized equities are changing access to financial markets. Kraken’s move into Tron indicates rising interest in blockchain-based stocks and hints at a closer relationship between crypto and traditional assets.

Also Read: TRM Labs Launches Beacon Network with Top Exchanges Onboard



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August 20, 2025 0 comments
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Monero
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Monero Attack: Kraken Suspends XMR Deposits Until It Is ‘Safe’

by admin August 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto exchange Kraken has announced a temporary stoppage of Monero (XMR) token deposits on its platform. This move comes in response to the ongoing 51% attack against the Monero blockchain, an open-source protocol and privacy-focused network.

For context, a 51% attack refers to a situation where a group of miners gains more than 50% of a blockchain’s mining hash rate. On Tuesday, August 12, Qubic, a project led by IOTA co-founder Sergey Ivancheglo, claimed that it has seized control of the majority of the Monero blockchain’s hash rate. 

According to the Qubic mining pool, the 51% attack was executed using a useful proof-of-work (uPoW or UPoW) mechanism. As reported on Bitcoinist, the Qubic team is taking half the mining profits in XMR, converting them into USDT to buy QUBIC tokens, and then sending them to a burn address.

Why Did Kraken Suspend Monero Deposits On Its Platform?

In an August 15 update on its website, Kraken announced that it is temporarily stopping the deposit of Monero tokens on its trading platform after detecting that a single mining pool has taken control of more than half of the blockchain’s total hashing power.

The cryptocurrency exchange said:

This concentration of mining power poses a potential risk to network integrity. We are actively monitoring the situation and will resume deposits once we determine it is safe to do so. Trading and withdrawals for XMR remain fully operational.

Following the release of Qubic’s claim, emerging reports on social media platform X revealed that there indeed was a six-block reorganization on the Monero blockchain, suggesting that the team does control a large enough portion of the hash rate.

As Kraken mentioned, it is worth noting that Qubic’s seizure and control of the majority of Monero’s total hashing power could be significantly detrimental to the decentralized ethos of blockchain technology. As it stands—with Qubic controlling 51% of the hash rate, the network is at risk of transaction censoring, double spends, and blocks reorganization, undermining the blockchain’s integrity.

XMR Price Overview

The reaction of the XMR price to these claims of a 51% attack on the Monero blockchain has been fairly measured. While the altcoin did lose more than 10% of its value immediately the news broke out and a further 5% in the subsequent days, the Monero token seems to be recovering well.

As of this writing, the Monero token is valued at around $265, reflecting a nearly 12% jump in the past 24 hours. Meanwhile, CoinGecko data shows that the altcoin is down by only 4% on the weekly timeframe.

The price of XMR on the daily timeframe | Source: XMRUSDT chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 18, 2025 0 comments
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