Detail Analysis
Date:
Status:
Count:
Contributor:
February 15, 2021
Verified
4
zerofriction.io
Loss Amount:
-
Recovered Amount:
-
Currency:
Dollars
KYC By:
Audit By:
None
None
Website:
No data
Twitter:
No data
Discord:
No data
Telegram:
No data
Medium:
No data
Github:
No data
Key Indicators
Platform:
Type:
Category:
Method:
Verge
Network
Chain
51% Attack
Extended Method:
51% attack
Data Sources:
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.
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