Now in Crypto, Kraken stopped deposits for Monero, Gemini filed to list at Nasdaq under Ticker Gemi, announcing intense losses leading its IPO. Meanwhile, entrepreneurs are showing more doubt to buy a dip at Ether than Bitcoin.
Monero deposits (XMR) temporarily stop Kraken after 51% acquisition
Kraken, a crypto exchange, announced the Monero’s temporary suspension (Xmr) Deposits on Friday, following a 51% attack on the network of a single pool.
The Quubic, an AI Layer-1 blockchain, said it achieved the dominance of the Monero network on Monday by ordering a majority of the network hashrate, the total amount of computing strength focused on securing a blockchain network. Kraken write:
“As a safe care of security, we stopped Monero’s deposits after seeing that a single pool of mining gained more than 50% of the total power of the network hashing. This concentration of mining strength brings a potential risk to the integrity of the network.”
The 51% attack sent shockwaves through the Monero community, which sparked an online debate about network and security incentives.
Winklevoss’ gemini files for nasdaq list after strong bullish debut
Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed in The US Securities and Exchange Commission to list Class A common stock at the NASDAQ Global Select Market under Ticker Gemi.
Established in 2014, Gemini operated a regulated crypto exchange, custody service, and a range of blockchain-based products, with US dollar-backed Gemini Dollar (Gusd) Stablecoin and a crypto-retards credit card, the filing platform said to be submitted Friday.
According to its filing, the IPO will mark the first time its shares have been exchanged publicly, with the expected pricing between an unspecified range. The offer will be led by a syndicate of major banks, including Goldman Sachs, Morgan Stanley, Citigroup and others.
Post posts, Gemini will have a dual-class sharing structure, including Class A Stock bringing one vote per part and stock of Class B that brings ten votes. The Winklevoss Twins will remain in all Class B shares, ensuring most of the voting control and qualified Gemini as a “controlled company” under the rules of Nasdaq.
Ether has a ‘slightly more bullish path’ than Bitcoin: Santiment
Ether is holding a slight edge to Bitcoin in short -term as social media chatter around the Cryptocurrency is less warmsays the sentiment platform santiment.
“The The $ Eth Crowd has not shown almost more bullishness despite significantly better performance in the past 3 months, “Santiment said in an X post on Friday in the middle of the ETH/BTC ratio, measuring Ether’s Kamag -child against Bitcoin up to 32.90% in the past 30 days, According to In tradingview.
Both Bitcoin and Ether have returned since Thursday, when Bitcoin reached a new all-time high of $ 124,128 and Ether approached to get the 2021 all-time high of $ 4,878.
