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Ethereum Classic Up by 3% Today After Third 51% Attack In a Month


The crypto market sent the price of ethereum classic (ETC) higher in the early hours of Monday (UTC time), despite the news that one of the top 35 crypto networks by market capitalization suffered its third 51% attack in a month. At pixel time (04:46 UTC), ETC trades at USD 6.68 and is up by 3%...

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...

Why a State Attack on Bitcoin Is Neither Likely, nor Likely to Succeed


Now that bitcoin (BTC) is establishing itself as an alternative store of value, fears are growing that governments might one day be motivated to try to take it down. Members of the Bitcoin community have recently been brainstorming scenarios involving theoretical governmental offensives against...

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