[ad_1] On 5 January 2019, Ethereum Classic (ETC) fell victim to a 51% attack. In the beginning, the attack went unnoticed for over 24 hours until the Coinbase engineers noticed that 88,500 ETCs (about $ 450,000) were falsely deposited on the Okex crypt exchange. On 1/5/2019, Coinbase noted a deep …
Read More »Ethereum's classic double spend involved over $ 1.1 million in Crypto
[ad_1] A major reorganization of the Ethereum Classic blockchain (ETC), which reportedly included a double expense, involved more than $ 1.1 million of encryption, revealed Coinbase, the US cryptographic exchange on Monday, January 7. According to the Coinbase blog, the team detected eight reorganisations for the first time including double …
Read More »The developers of Ethereum Classic (ETC) deny a 51% attack, double spending
[ad_1] Cryptocurrency, Ethereum Classic (ETC) –In a bizarre breakthrough in the history of Ethereum Classic, developers for the ETC token now claim that the blockchain has not suffered a 51% attack, as well as denying the presence of double spending. Such as reported at the start of the day at …
Read More »Daily pricing of Ethereum Classic (ETC) – 8 January
[ad_1] ETC / USD medium-term trend: bearish Offer levels: $ 5.6, $ 5.8, $ 6 Demand levels: $ 4.6, $ 4.4, $ 4.2 Yesterday, the medium-term trend of the ETC / USD market substantially maintained a bearish outlook. The downtrend of the cryptic apparently ran out while it met a …
Read More »Hackers have just stolen $ 1 million from the Ethereum Classic blockchain in a rare "51%" attack
[ad_2][ad_1] Hackers have just stolen $ 1 million from the Ethereum Classic blockchain in a rare "51%" attack An attack on the Ethereum Classic blockchain may have helped hackers steal about $ 1.1 million in currency from other users, according to the popular Coinbase cryptocurrency exchange. Ethereum what? Ethereum Classic …
Read More »Coinbase Temporarily Suspends Ethereum Classic After 51 Percent Attack
[ad_1] Coinbase, the United States' most popular exchange, has temporarily supported for Ethereum Classic transactions, deposits, and withdrawals due to a 51 percent attack on Sunday, reports CoinDesk. The attack was made public via The Coinbase Blog this Monday. There, security engineer Mark Nesbitt started the post with a quote …
Read More »Ethereum Classic cryptocurrency pulled from Coinbase after attack
[ad_2][ad_1] If there's one thing cryptocurrency is supposed to guarantee, it's one that can not be the same coin twice. Bitcoin, for example, is registered in a database that anyone can access. The database is called a blockchain, and it's supposed to keep everyone honest. But there's a way to …
Read More »Ripple, Litecoin and Dogecoin cryptography leaders react to 51% continuous attack on Ethereum Classic
[ad_2][ad_1] The Ethereum Classic (ETC) blockchain is currently under attack by 51%. Coinbase claims to have recognized a double expense of 88,500 ETC, worth about $ 460,000. "On 1/5/2019, Coinbase noted a major reorganization of the Ethereum Classic blockchain chain that included double spending.In order to protect client funds, we …
Read More »Ethereum Classic was hit by a 51% – Quartz attack
[ad_1] A wave of fear crossed the cryptocurrency community while Ethereum Classic (ETC) – the original version of the Ethereum network – was attacked. Basically, an unknown perpetrator has withdrawn and has altered the transactions on the network. In response, some exchanges have stopped transactions in the cryptographic resource, while …
Read More »Coinbase, Bitfly Say Reorganizations detected on the Ethereum Classic blockchain; Devs Deny Claim of ETC – ADTmag
[ad_2][ad_1] news Coinbase, Bitfly Say Reorganizations detected on the Ethereum Classic blockchain; Devs Deny Claim of ETC According to an announcement by the cryptocurrency company Coinbase, on 5 January it found a major reorganization of the chain on the Ethereum Classic (ETC) blockchain, including a double expense. "In order to …
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