Major cryptocurrency exchange delists Bitcoin Gold following $18M hack

The threat of attack is very real for upstart cryptocurrency projects. Bitcoin Gold, a popular hard fork of Bitcoin, is set to be delisted from cryptocurrency exchange Bittrex. The reason for the removal is that the currency has suffered a series of debilitating heists that netted thieves over $20 million in stolen funds. Back in May, Bitcoin Gold was hijacked with rented computing power. After hackers took control of more than 51 percent of the overall hash power, more than 388,000 BTG (approx. $18 million at the time) was stolen directly from Bittrex. Hackers were able to use “double-spending,” a…

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https://ift.tt/2Cfbn3q support@endlesssupplies.ca (Endless Supplies .Ca) September 03, 2018 at 10:30AM