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Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks

Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks A sudden surge in transaction fees on the ethereum classic blockchain has some developers speculating whether cryptocurrency exchanges could be at risk of attack, a development that follows last week’s 51% attack in which more than $200,000 was stolen from at …

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The Ethereum Classic Attacker Has Sent a Bigger Message

The Ethereum Classic Attacker Has Sent a Bigger Message Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ One …

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Exchange Says 51% Attacker Returned $100K-Worth of Ethereum Classic

Exchange Says 51% Attacker Returned $100K-Worth of Ethereum Classic Cryptocurrency exchange Gate.io said Saturday that $100,000 in ethereum classic has been returned following a recent hack. In an announcement, the exchange further said it tried to contact the 51-percent attacker, but has not received any reply so far, adding: “We …

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Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’ In the wake of a 51 percent attack on ethereum classic (ETC), the manager of an investment vehicle that holds the cryptocurrency has been fielding inquiries from investors looking to understand if the underlying assets in the fund are …

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Security Firm Asks Exchanges to Help It Find Ethereum Classic ‘Attacker’

Security Firm Asks Exchanges to Help It Find Ethereum Classic ‘Attacker’ China-based security firm SlowMist has claimed that it has enough evidence to locate the culprit behind recent chain attacks on ethereum classic. In a Medium article published Wednesday, SlowMist summarized the bulk of their analysis on ethereum classic, specifying …

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Exchange Says $200K in Ethereum Classic Lost As Blockchain Attacks Continue

Exchange Says $200K in Ethereum Classic Lost As Blockchain Attacks Continue Cryptocurrency exchange Gate.io said Tuesday that it will absorb the loss of roughly $200,000 worth of ethereum classic – about 40,000 ETC – in light of a series of blockchain history rewrites that continue to occur. In a blog …

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Coinbase Suspends Ethereum Classic After Blockchain History Rewrites

Coinbase Suspends Ethereum Classic After Blockchain History Rewrites Crypto exchange Coinbase has halted all ethereum classic transactions, withdrawals and deposits due to a series of blockchain history reorganizations on the network. Ethereum classic saw more than 100 blocks “reorganized” during a 51 percent attack late Sunday, according to at least …

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