Proof of Work Coins on High Alert Following Spate of 51% Attacks

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GameOfCoins
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Proof of Work Coins on High Alert Following Spate of 51% Attacks

Fri May 25, 2018 3:30 pm

First it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through Proof of Work coins, controlling their hashrate, and then launching 51% attacks. Other PoW teams are now on high alert for signs that their coin could be next.


https://news.bitcoin.com/proof-of-work- ... 1-attacks/

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