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Showing posts with the label attack

Bitcoin Gold to be delisted by Bittrex

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The altcoin team did not reimburse the trading platform for the losses it incurred because of the attack on the network of this bitcoin fork. The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018 The Bittrex Exchange will remove the opportunity to trade with the Bitcoin Gold coin on September 14. The company explained this by saying that the developers of the altcoin refused to compensate for the loss of the trading platform that it suffered as a result of the attack on the coin ... Read more about " Bitcoin Gold to be delisted by Bittrex " on coinatory.com

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

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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

The Monacoin network was attacked

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In the period from May 13 to May 15, the Japanese Monacoin cryptocurrency was affected by a network attack, which resulted in damage of $ 90,000. This is reported by CCN. The publication believes that this was a mining attack when one miner successfully mines the block on the blockchain but does not transfer the new block to other miners. If he finds the second block, before the others find any new blocks, then he can create a new longer chain of blocks in the Monacoin network. When he makes his longer chain public, he will annihilate all ... Read more about " The Monacoin network was attacked " on coinatory.com