Webcoin to Bitcoin cash Price (WEB/BCH) – Current Live Value

After suffering two 51% attacks in a week, the ETC community is reeling. Vitalik Buterin suggested that ETC change its consensus algorithm to Proof of Stake. But is the conservative “Code Is Law” protocol ready for a change? On July 31, Ethereum Classic was hit by the first of two 51% attacks. Analysis by forensics […]

Ethereum Classic (ETC), the fork or version of the Ethereum protocol that didn’t freeze the funds of the infamous DAO hack, has been under the spotlight over the past week.

Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday.

The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire the hash power for the attack. The […]

Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.

Barely a week after nefarious agents took control of the Ethereum Classic network, double spending $5.6 million worth of ETC, the 24th largest project by market cap is once again under attack. Earlier today (Aug 6, 2020), CoinDesk reported that 4,000 ETC blocks were “reorganized” in a classic 51 percent attack. Ethereum Classic Advice: Raise ConfirmationRead MoreRead More. The post by Dalmas...

Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack. (Source: TradingView.com) However, almost a week on, further investigations have revealed that the attacker managed to double-spend […]

A hacker managed to reorganize over 4,000 blocks again on Ethereum Classic’s blockchain, according to Bitfly.

The Ethereum Classic (ETC) blockchain has suffered a second 51% in the last week, with the attackers double-spending well over 800,000 ETC in the first one. The most recent 51% attack was spotted by Ethermine’s parent firm Bitfly, which quickly warned the cryptocurrency community of the incident and advised miners that until further notice Ethereum […]

Ethereum classic's network has been subjected to another 51% attack. This is the second one that takes place in a week.

Ethereum Classic has experienced yet another malicious 51% attack—the second in under a week. Binance has frozen all Ethereum Classic deposits and withdrawals. Reports have shown that a 51% attack on the Ethereum Classic blockchain reorganized 4,000 blocks on the chain. The attack was reported at around 3:30 AM UTC by Ethermine’s parent company Bitfly. […]