Cryptocurrencies

Cryptocurrency Attacks Are Rising

  • Control of 51% of computing power spurs double-spending threat
  • Bitcoin Gold, Verge, Monacoin hit, Autonomous Research says

Inside the Rise of Cryptocurrency Hijacking

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One of the most-feared quirks of cryptocurrencies is becoming more of a headache.

Over the past few weeks, rogue operators of some of the computer networks that perform the complex calculations that verify transactions for various coins are attacking their own networks again. This time it’s Bitcoin Gold, an offshoot of the most widely known form of digital money, with a $717 million market capitalization.