6 Coin Crypto tokens were attacked via 51% Hack Blockchain in 2018

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The first six attacks involving the cryptocurrency in 2018

The cryptocurrency industry is experiencing a difficult time from many different points of view. One that is often overlooked is the security area. A new attack, called "51% offense"It sweeps the networks quickly and succession, and in 2018, there were seven successful 51% attacks the attacks, from the oldest to the most recent.

  1. Electroneum

    Electroneum suffered an attack in April 2018. The altcoin was based on a CryptoNight algorithm and, from the attack, the developers made the necessary changes to improve their security. Since he had no attack.

  2. onMonacoin

    Monacoin, a popular cryptocurrency in Japan, suffered an attack on May 13, 2018. During the attack, the cryptocurrency used the Lyra2Rev2 algorithm. At the time, the attacks were successful and caused damage for $ 90,000. It seems that very few mining algorithms are safe from attack.

  3. Bitcoin Gold Double-Dep

    Bitcoin Gold experienced the second May attack against 16th of the month and another 3 days later. The two attacks were small, but they managed to derail Bitcoin Gold and cause damage that is still noticed today.

  4. limit

    Verge suffered an attack that managed to confuse many people, mainly because the platform has a five-algorithm mining approach, which makes it virtually impossible attack the system. However, attackers he used Lyra2Re's algorithms and successfully stole 35 million XVGs, which only consolidates how disastrous attacks can be.

  5. Litecoin Cash

    Litecoin Cash had an attack around May 31st. The attack was confirmed by the Reddit community and although the accident certainly caused a bit of a panic, there is nothing that could have been done in retrospect.

  6. ZenCash

    Finally, the ZenCash attack took place on 3 Junerd. The attackers used three double spends during the attack and, due to the attack, most exchanges require a larger number of transaction confirmations before crediting a deposit.

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