Ethereum Classic has undergone a huge 51% attack in crypto history, with Coinbase providing evidence of $460,000 worth of transactions being reversed. This might be due to two possible sources - rented hash power or new ASICS targeting ETHASH. Ledger announces Ledger Nano X - Ledger invited me to check it out during CES tomorrow!
Information Sources:
Ethereum Classic attacked: https://blog.coinbase.com/ethereum-classic-etc-is-currently-being-51-attacked-33be13ce32de
Network Hashrates: https://minergate.com/blockchain/etc/blocks
Ethereum goes ProgPow: https://www.coindesk.com/ethereum-developers-give-tentative-greenlight-to-asic-blocking-code
Circle announces 24 Billion USD traded in 2018 https://www.ccn.com/circles-otc-crypto-trading-desk-saw-24-billion-in-volume-in-2018/
#CryptoNews #Ethereum Classic #Bitcoin
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shit yes this is way a dont do small cons anymore. to scary. more apps on the Ledger is a game change for sure.
Michael definitely let us know about the Ledger X !
I would like to know if they will continue to support the Ledger nano.
Will both still be produced?
I would also love to see a video about the 2019 Ledger nano software upgrades.
Thanks Michael, have a wonderful time in Vegas 😊
Resteemed 👍
Great crypto analysis. I always learn something new from your every video.
If it has bigger memory then it's already a winner lol!
Sentiment does seem to be on the turn for BTC I think.
With lightning growing daily you should make a tip page 🍻
https://tip.lightningtester.com/u/01D0CDRJ50G88Z0SCV36XJKYBV
I was surprised to see the Ethereum Classic price hold up as I remember steep declines when Bitcoin Gold was attack and it never recovered.
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Very bad for Etherium Classic community. Security should be more strong. Anyways thanks for sharing the valuable news.
Thank you for the updates and keeping us posted on such events!
I'm usually behind the news regarding this space so checking out your videos has been a more wodnerful boon!
For those that are interested in the Ethereum Classic 51% attack:
https://steemit.com/cryptocurrency/@dashforcenews/ethereumclassicsufferspossible51attacklatestinstringofsmallercoinattacks-zm9cv47gua