Tag Archives: Ethereum Classic

Crypto Prices See Calm as ZB.Com Bypasses Binance to Become Top Exchange

Friday, Jan. 18 — crypto markets continue to see calm, with all top ten coins seeing mixed 24-hour price changes capped within a 3 percent range, as Coin360 data shows. Market visualization from Coin360 On CoinMarketCap (CMC)’s crypto exchange rankings by adjusted daily traded volumes, however, some major upheavals are underway. Today, Chinese exchange ZB.com saw an 80… Read More »

Crypto Market Up $6 Billion in 4 Days: Is Bitcoin King During the Bear Market?

Image via Shutterstock. Since January 14, subsequent to a minor correction, the crypto market has added $6 billion to its valuation as the Bitcoin price maintained stability. While many cryptocurrencies, especially low market cap tokens fell substantially earlier this week, Bitcoin remained in a tight range between $3,400 to $3,600. Image credit: TradingView How Bitcoin is Able to… Read More »

Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen

Ethereum’s developers tried to postpone Constantinople at the last minute, but a sizable number of miners didn’t pay attention. | Source: Shutterstock On January 15, Ethereum’s developers put out a security alert that they were postponing the scheduled Constantinople upgrade. Not everyone made the appropriate changes, however, and there is a currently a parallel universe of Ethereum mining.… Read More »

ETC Labs Introduces Dedicated Team to Focus on Core Ethereum Classic Projects

Ethereum Classic Labs incubator has launched a new Ethereum Classic (ETC) development team ETC Labs Core. The company has unveiled this in a blog post published Jan. 14. According to the announcement, the new team will be working on core ETC projects, supporting the coin’s blockchain and providing tools for decentralized application development, mining, and services. In the… Read More »

Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks

A sudden surge in transaction fees on the ethereum classic blockchain has some developers speculating whether cryptocurrency exchanges could be at risk of attack, a development that follows last week’s 51% attack in which more than $200,000 was stolen from at least one exchange. Over the last 24 hours, average transaction fees on the blockchain rose to $6.10, up nearly 800 percent… Read More »

Sudden Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks

A sudden surge in transaction fees on the ethereum classic blockchain has some developers speculating whether cryptocurrency exchanges could be at risk of attack, a development that follows last week’s 51% attack in which more than $200,000 was stolen from at least one exchange. Over the last 24 hours, average transaction fees on the blockchain rose to $6.10, up nearly… Read More »

The Ethereum Classic Attacker Has Sent a Bigger Message

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ One of the more disturbing side effects of the crypto market’s downturn is it has made it easier… Read More »

Exchange Says 51% Attacker Returns $100K Worth in Ethereum Classic

Cryptocurrency exchange Gate.io announced Saturday it has received $100,000 worth of ethereum classic (ETC) back from a recent chain attacker. In an announcement, the exchange further said it tried to contact the 51 percent attacker but has not received any reply so far, adding: “We still don’t know the reason. If the attacker didn’t run it for profit,… Read More »

Hodler’s Digest, Jan.7–13: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily paused… Read More »