Hacker Made Over $18 Million in Double-Spend Attack on Bitcoin Gold Network

Hacker Made Over $18 Million in Double-Spend Attack on Bitcoin Gold Network
An unknown hacker performed 51% attack of Bitcoin Gold"s cryptocurrency network and managed to assign over 18 million dollars to BTG (Bitcoin Gold), through double spending.

According to the post at the Bitcoin Gold forum, hacker attacks began last Friday, May 18th. The hacker used a large number of servers to gain control over half of the hashrate, carrying out a so-called 51% attack.

51% of the network"s power allowed the hacker to change the details of the blockchain transactions and make a second attack of "double spend", which ...
Read more about "Hacker Made Over $18 Million in Double-Spend Attack on Bitcoin Gold Network" on coinatory.com

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