Hodler’s Digest, Jan.7–13: Top Stories, Price Movements, Quotes and FUD of the Week

The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 […]

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Ethereum Classic 51% Attackers Allegedly Returned $100,000 to Crypto Exchange

The Ethereum Classic 51 percent attacker reportedly returned $100.000 to cryptocurrency exchange Gate.io. The Ethereum Classic 51 percent attacker has reportedly returned $100,000 to cryptocurrency exchange Gate.io, a post on the official exchange’s blog reports on Jan. 12. The company further noted that they tried contacting the attacker but didn’t get any reply until now, […]

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St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value

According to the research, the creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies. The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank of St. […]

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