Tag Archives: Classic

Ethereum Classic 51% Attack Fuels Ripple PoW Debate

[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 »

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 »

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 Basically, an unknown perpetrator has withdrawn and has altered the transactions on the network.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 »