Ethereum Classic 51% Attack Repeated Again This Week

Ethereum Classic isn’t thought of as an easy target for 51 % attack, yet it was attacked again on 6 August 2020. According to the analysis by blockchain intelligence firms and exchanges, it’s the same attacker who attacked on July 31, 2020. Bitquery’s investigation reveals that there was a reorganization of 4,236 blocks and a successful double-spend of $1.68 million worth of cryptocurrency. It affected the blocks from 10935623 to 10939858, while the attacker mined the first block on 5 August 2020, which lasted for 15 hours and 6 minutes. It is reported that the attacker double-spent $1.68 million through Bitfinex and another crypto service which bought the attacker 14.2K ETC as a block reward, which is not included in the double spent calculation. [https://www.thecoinrepublic.com/2020/08/08/ethereum-classic-51-attack-repeated-again-this-week/amp/](https://www.thecoinrepublic.com/2020/08/08/ethereum-classic-51-attack-repeated-again-this-week/amp/)