Crypto Exchange Gate.io Confirms 51% Attack on Ethereum Classic, Promises Refunds
CoinTelegraph
Published Jan 10, 2019 09:35
Updated Jan 10, 2019 09:46
Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8.
Gate.io Research has published its analysis of ETC transactions on its platform during the alleged attack, claiming it has detected seven rollback transactions — four of which were reportedly conducted by the attacker, transferring a total of 54,200 ETC in total (worth $271,500 at press time).
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Written By: CoinTelegraph
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