Gate.io Research Confirms 51% Attack on Ethereum Classic
Research from Crypto Exchange Gate.io confirmed that 51% attack has occurred on Ethereum Classic.
- Girish Vidhani
- Jan 10, 2019
Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
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Research from Crypto Exchange Gate.io confirmed that 51% attack has occurred on Ethereum Classic.
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$460,000 worth of ETC cryptocurrencies have been stolen following a 51% attack on the Ethereum Classic blockchain platform.
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