Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Kraken pauses deposits for Monero, Gemini has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO. Meanwhile, traders are showing greater hesitation to buy the dip in Ether compared to Bitcoin.

Kraken, a crypto exchange, announced the temporary suspension of Monero (XMR) deposits on Friday, following a 51% attack on the network by a single mining pool.

Qubic, an AI layer-1 blockchain, said that it achieved dominance over the Monero network on Monday by commanding a majority of the network’s hashrate, the total amount of computing power dedicated to securing a blockchain network. Kraken wrote:

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