By CCN: With numerous bullish breakouts on the longer timeframe, the crypto bull market is growing stronger by the day. We’re not just talking about bitcoin. On the contrary, the disbelief rally of the king of cryptocurrencies may be on its last legs. This gives other large-cap cryptos the opportunity to step into the limelight. We did our research and discovered that TRON, Stellar, and Ethereum...
The Ethereum Classic price jumped as much as 33.79-percent on Sunday, rocketing the cryptocurrency to a four-month high above $7.50. Ethereum Classic Sets New 2019 High, Goes Crazy on Coinbase CoinMarketCap data shows the Ethereum Classic price established an intraday high at $7.79, its best mark since November 16, 2018, on an hourly candle. On Coinbase, ETC formed higher highs towards $14...
Another coder from a leading blockchain project is throwing in the towel. This time, it's Anthony Lusardi, who is resigning from his post as U.S. director of the Ethereum Classic Cooperative. Lusardi is leaving because he "simply cannot deal anymore," according to his explanation. It's the second high-profile developer defection in as many months, with Ethereum's Afri Schoedon abruptly announcing...
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. How Bitcoin is Able to Retain Dominance The abrupt decline in the valuation of the...
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. A “chain split” has occurred, and some miners are mining the unofficial Constantinople chain without consensus from the majority of the network. Update to...
Upcoming forks in Ethereum and Ethereum Classic have given opportunity to scammers. Two alleged "hard fork" versions are trying to steal money from users of both. Ethereum Nowa claims to be forking away from ETH. Ethereum Classic Vision claims to fork away from ETC. These forks are allegedly in response to regularly scheduled network upgrades in both blockchains. Accordingly, the team at Guarda...
Cryptocurrency exchange Gate.io confirmed that it had lost about $220,000 worth of Ethereum Classic coins - about 40,000 ETC - during the ongoing manipulation of the project's blockchain network. The exchange confirmed Tuesday that the Ethereum Classic blockchain was under 51% attack - in which a single entity takes control of more than half the network's hash power that allows it to rewrite its...
A blockchain security research firm called Slowmist has released a full report on the attack that recently took place against Ethereum Classic. The report indicates that several exchanges are the victims of a concerted 51% attack. Notably, the researchers report that the attack begins January 5th at 19:58:15 UTC. Days pass before anyone notices. The attacker dupes several exchanges in the process...