After this week’s downturn following the Ethereum Classic 51% attack saga, how will the top ten coins behave in the short-term? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research […]
Continue Reading
Ethereum Nowa and Ethereum Classic Vision are reportedly appropriating the private keys of users trying to redeem the allegedly forked coins. Altcoins Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly appropriating the private keys of users trying to redeem their allegedly forked coins. The suspected scam was covered in a report sent to […]
Continue Reading
A successful 51 percent attack on the Ethereum Classic blockchain has raised some big questions around smaller cryptocurrencies using proof-of-work algorithms. Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain. While there is still no clear […]
Continue Reading
Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack did in fact occur on the Ethereum Classic blockchain. Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. […]
Continue Reading
While some prominent investors are still on the fence about crypto, others see the current market as an opportunity to double down on it. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct […]
Continue Reading
Litecoin creator Charlie Lee has suggested that a decentralized cryptocurrency is by definition exposed to 51 percent attacks, otherwise it is centralized. A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining […]
Continue Reading
Bitcoin has been holding the psychological $4K mark for two days, while some of the other top currencies see mild losses Tuesday, Jan. 8 — crypto markets are seeing mixed signals, according to data from Coin360, after a day mostly in the green. Bitcoin (BTC) still remains above current psychological barrier of $4,000, while some […]
Continue Reading
Alexey Akhunov, an Ethereum code contributor, suggested that Ethereum developers should ‘embrace’ specialized mining hardware (ASICs). An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7. As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement […]
Continue Reading
Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]
Continue Reading
Ethereum Classic devs report that what some are calling an ongoing 51% attack on the ETC network actually may be the testing of 1,400/Mh ethash machines. Ethereum Classic (ETC) developers have stated that a mining pool evidently claiming over 50 percent of the network’s hashrate was “most likely selfish mining” in a tweet today, Jan. […]
Continue Reading