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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 11, 2020

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Verified

4

zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

70,000

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Recovered Amount:

-

Currency:

Dollars

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Bitcoin Gold

Network

Chain

51% Attack

Extended Method:

51% attack

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The team that developed Bitcoin Gold (BTG), a bifurcated project, has announced a 51% attack leading to $70,000 worth of BTG being double spent. According to the official disclosure, THE BTG network has been hit by 51% attacks lasting nearly 10 days. However, on July 2, the BTG team had issued an attack alert to the mine pool and the exchange and issued version 0.17.2, which included checkpoints at 640,650 blocks. The BTG team reminds all BTG Core nodes to upgrade to version 0.17.2.

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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.