Hdr_About.jpg

Detail Analysis

link.png

Date:

Status:

Count:

Contributor:

February 15, 2021

info.png

Verified

4

zerofriction.io

Loss Amount:

-

info.png

Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

None

info.png

Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Verge

Network

Chain

51% Attack

Extended Method:

51% attack

Data Sources:

info.png

The privacy coin Verge (XVG) underwent a reorganization of 560,000 blockchains after a 51% attack on Monday. Lucas Nuzzi of CoinMetrics stated that the history of token transactions over 200 days has been deleted. Privacy-focused blockchain network Verge (XVG) has experienced a significant block reorganization, replacing transactions dating as far back as July 2020. Despite being described as potentially “the deepest reorg that has ever taken place in a top 100 cryptocurrency,” analysts are yet to confirm that the incident comprised a coordinated attack. Coinmetrics chief operating officer Antoine Le Calvez was one of the first to notice the reorg, sharing a screenshot on Twitter showing that at least 560,000 blocks had disappeared on Feb. 15.

info.png

DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.