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The leading organization supporting the Ethereum Classic network hopes to better safeguard against future 51% attacks by going after platforms that rent out hashing power. Source
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Signature Bank gave out dozens more small business PPP loans to crypto firms than previously known, Ethereum Classic has suffered another 51% attack and a digital yuan wallet went live and disappeared this weekend. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and
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The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1. UPDATE (Aug. 29, 23:03 UTC): Added comment from ETC Cooperative in third bullet point. Source
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Ethereum Classic’s hashrate has dropped precipitously since January and continues to decline after two successful 51% attacks on the network earlier in August. In light of the vulnerability, Ethereum Classic Labs, self-described as “stewards” of the blockchain, detailed a plan to protect and revitalize the fledgling network in a blog
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Shaken by weeks of network-overwhelming hacks, ETC Labs has outlined its security response. Source
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Only 30% of Ethereum Classic’s nodes will support future network hard forks after a major client walked away from the project last week. OpenEthereum has voted to stop supporting its Ethereum Classic client to focus attention on other projects. In addition, it has concerns about that blockchain’s immutability, according to a
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Bitcoin (BTC) is again fueling suggestions that it is preparing for price growth as two more indicators flash bullish.According to fresh data this week, both the Puell Multiple and Mayer Multiple now point to long-term buying opportunities.Puell Multiple hints at BTC price gainsAs highlighted by Philip Swift, creator of analytics
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Sony reportedly plans to host a PS5 digital event on June 3. Anyone expecting a proper console reveal should prepare to be disappointed. There’s cause for optimism, though. The showcase should feature a hefty roster of first-party games. After weeks of rumors and speculation, Bloomberg News reports that Sony
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An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its hard fork.In a tweet posted by the ETC Cooperative on Jan. 13, they ousted an alleged scam calling itself “EAgharta” in resonance
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Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org.Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As part of the hard fork, the Constantinople and St. Petersburg upgrades
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