View full page at cryptocraft.com

 

Ethereum Classic traders undeterred by potential 51% attack

From decrypt.co

Ethereum Classic may have been targeted by a 51% attack, one of the only known ways to compromise the blockchain and execute “double spend” transactions that credit the attacker with free money. The stewards of the Ethereum Classic blockchain requested that exchanges and mining pools suspend ETC deposits and transfers while they work out what’s going on. Crypto exchange Poloniex has suspended trading, though other major exchanges, such as Binance, have not. The coin's price remains stable and trading volume for Ethereum Classic has not declined following the hack, according to data from metrics site Coin Gecko. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis