Verge of disaster: 200 days transactions wiped from blockchain
Verge has been hit by a huge blockchain reorganization, resulting in more than six months worth of transactions and balances vanishing. However, devs claim it can be fixed. 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 COO Antoine Le Calvez was one of the first to notice the reorg,....
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According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions wiped. Reports Show Verge Network Experienced a Massive 560,000+ Blocks Reorg The blockchain Verge and its native token XVG once made headlines for being added to the popular adult website Pornhub. This week, the Verge network has been 51% attacked according to multiple analysts and observers on....
Verge has been hit by a massive 560,000-block reorganization.
The Cardano price has been following the general market sentiment and trended to the downside in the last 24 hours. The cryptocurrency is on the verge of implementing a major upgrade via its “Vasil” Hard Fork Combinator (HFC) event, but the current price trend hints at bad news for bullish investors. Related Reading: Here’s Why $80 Billion Was Wiped Off The Crypto Market At the time of writing, the Cardano price trades at $0.47 with a 3% profit over the last seven days. The cryptocurrency lost its position in the top five by market capitalization but has managed to preserve some of the....
Various blockchain solutions are being used by organizations and enterprises to create efficiencies for U.S. disaster relief efforts. Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems. The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010–2019 than it did during 2000–2009. Data from Climate.gov further shows that 2021 was....
The market cap of AVAX touched $30.32 billion for the first time in history. Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of November.AVAX entered the top-10 crypto index after pushing out Dogecoin (DOGE). In doing so, its circulating market valuation reached $30.60 billion for the first time compared to Dogecoin's $30.30 billion.AVAX circulating market cap. Source: CoinMarketCapAVAX price hits another record highAVAX price climbed while ignoring price corrections elsewhere in the crypto market after....