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Bitcoin SV suspended on several crypto exchanges over risks of double spending attack

From fxstreet.com

Bitcoin SV remains vulnerable to double-spend attacks as long as the network is unstable. Supporters have identified one of the wallet addresses associated with the attack that has a history of illegal activity. The Bitcoin Association, a Switzerland-based non-profit organization, shared news of a double-spending attack targeting Bitcoin SV on July 8. The attack was discovered during regular monitoring of the network by the infrastructure team. Described as a block reorganization attack, it was carried out in an effort to mask the illegal double-spending of BSV tokens. Double-spending attacks are easier on Bitcoin SV ... (full story)

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  • Category: Fundamental Analysis