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Daily: 51% Attack on Bitcoin Gold! by boxmining

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bitcoin · @boxmining ·
$10.53
Daily: 51% Attack on Bitcoin Gold!
Bitcoin Gold network just fell victim to a 51% attack, where the hacker scammed an exchange out of 18 Million Dollars. This is caused by reversing a transaction sent to an exchange by double spending. 

https://youtu.be/EpKp6zvWYis

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vote details (146)
@altafwani · 
Users may not be losing money right now, but if the attacks continue, some exchanges may go bankrupt and won't be able to refund users still keeping funds with the exchange.
👍  
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vote details (1)
@ender ·
$0.07
I wonder if this is the anti fork movement. There are so many forks it’s a minor issue to find one to push around. 

So is this fraud or is it making sure the system works. I actually like that they are doing this. It would be much worse if no one hacked because it was illegal and then we didn’t know the risk we were taking holding money in a chain with small hash power.
👍  
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@harmonic · 
good crypto news. Thanks for sharing....
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@konasharmin · 
Beautiful video
Thanks for sharing update proving crypto currency news...
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@marketingmonk · 
Funny edit :)
👍  
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vote details (1)
@newageinv · 
So CFTC says it is a commodity!?! Regulators can’t decide how to treat cryptocurrencies! IRS says its property and SEC callibg some securities. Unfortunately, this is what is causing uncertainty on a great technology. More innovative projects will leave the US altogether...
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@safetony · 
The market is a lot less volatile than it was a few year ago I literally use to see the whole space loose over 1/2 it's value or triple in the matter of hours some times before.

With so much invested in this space I don't see how it can fail at this point unless all the Governement in the world can actually get together and cooperate ![](https://cdn.steemitimages.com/DQmcqGS9cAxStSL1ufw3dnBJ3v5TestzmWUpo7SdVspoZkP/image.png)
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@sheikhiqra · 
thANks for your news
👍  
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vote details (1)
@sugarboy ·
$0.03
Hi Mikel!

Thanks a lot for this informative video and your insights.

Seems like 51% attacks getting in popular these days. 😂
👍  
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@sugarboy ·
$0.03
WOW thanks a lot for the upvotes! I really appreciate that.
👍  
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vote details (1)
@tesselma · 
Why the price hasnt been affected by the attack?  Should we sell before it does? What do you guys think?
👍  
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vote details (1)
@wa2qr · 
Hackers every where. The whales and the orca's must be cautious about the same. 
We don't care, don't have nothing to lose. Lol
👍  
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vote details (1)
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