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Category: 51% attack
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Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased
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Verge of disaster: 200 days transactions wiped from blockchain
Verge has been hit by a huge blockchain reorganization, resulting in more than six months worth of transactions and balances vanishing. However, devs claim it can be fixed.
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BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
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Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
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Privacy-focused Firo cryptocurrency suffers 51% attack
Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait for “extra confirmations on transactions for payment finality.” On […]
The post Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate appeared first on Bitcoin News.
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Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only buyers of hashrate know this, as well […]
The post Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network appeared first on Bitcoin News.
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Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’
A 51% attack on Ethereum would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack
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Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack. […]
The post Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified appeared first on Bitcoin News.
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