Tagged: 51%

December 4, 2019 @ 11:08 am By Cali Haan  |  

Hackers appear to have rented cryptocurrency mining power at NiceHash this week and then used it to conduct a 51% attack on the Vertcoin network. According to Coindesk, the hacker managed to offset 603 genuine blocks of data mined by legitimate network participants and replace… Read More

May 26, 2019 @ 11:39 am By JD Alois  |  

Multiple reports this weekend indicate that Bitcoin Cash (BCH) is the victim of a double spend attack or 51% attack. A double spend attack is exactly what it sounds like. You can spend “money” twice. For a good explanation of how this may occur with… Read More