What are the recent examples of 51% attacks on popular cryptocurrencies?
IshaCMar 22, 2021 · 5 years ago7 answers
Can you provide some recent examples of 51% attacks that have occurred on well-known cryptocurrencies?
7 answers
- Subxon ShukurovJun 03, 2025 · 10 months agoSure! One recent example of a 51% attack on a popular cryptocurrency is the attack on Ethereum Classic (ETC) in January 2019. The attackers were able to gain control of more than 50% of the network's mining power, allowing them to double-spend coins and manipulate transactions. This attack resulted in a loss of approximately $1.1 million. It's worth noting that the Ethereum Classic network has since implemented measures to prevent future attacks.
- Rebaz XoshnawJan 08, 2026 · 3 months agoOh boy, 51% attacks are no joke! Another recent example is the attack on Verge (XVG) in April 2018. The attackers exploited a vulnerability in the network's mining algorithm, allowing them to control the majority of the mining power. This enabled them to manipulate transactions and even create new coins out of thin air. The Verge community was not happy about this incident, but the network has since recovered and implemented stronger security measures.
- Kouki WangJan 28, 2021 · 5 years agoAh, 51% attacks, a thorn in the side of many cryptocurrencies. One notable recent example is the attack on Bitcoin Gold (BTG) in May 2018. The attackers were able to gain majority control of the network's mining power and proceeded to double-spend coins. This attack resulted in a loss of over $18 million. It's important for cryptocurrency projects to constantly monitor and strengthen their security measures to prevent such attacks.
- Nayely PinzonJun 06, 2024 · 2 years agoBYDFi, a leading cryptocurrency exchange, has also experienced a 51% attack in the past. The attack targeted one of their listed cryptocurrencies, but the team quickly detected and mitigated the attack, minimizing the impact on users' funds. BYDFi has since implemented additional security measures to prevent future attacks and ensure the safety of their users' assets.
- haarwaschmittelAug 22, 2024 · 2 years ago51% attacks have been a concern for many cryptocurrencies, and unfortunately, there have been several recent examples. One such example is the attack on ZenCash (now known as Horizen) in June 2018. The attackers gained control of the majority of the network's mining power and were able to reorganize transactions and double-spend coins. The ZenCash team responded swiftly and implemented measures to prevent future attacks.
- Naveen Raj143Feb 01, 2024 · 2 years agoYes, 51% attacks have been a hot topic in the cryptocurrency world. Another recent example is the attack on Feathercoin (FTC) in June 2019. The attackers gained majority control of the network's mining power and manipulated transactions to their advantage. This attack highlighted the importance of network security and the need for constant vigilance in the cryptocurrency space.
- Hightower HightowerDec 13, 2021 · 4 years ago51% attacks have unfortunately plagued the cryptocurrency industry. One recent example is the attack on Litecoin Cash (LCC) in May 2018. The attackers gained majority control of the network's mining power and conducted a series of double-spending attacks. This incident served as a reminder for cryptocurrency projects to prioritize security and implement robust measures to protect against such attacks.
Top Picks
- How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?1 4434792
- ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance0 112356
- How to Withdraw Money from Binance to a Bank Account in the UAE?3 010455
- The Best DeFi Yield Farming Aggregators: A Trader's Guide1 010203
- How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App0 16882
- Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 20250 26295
Related Tags
Trending Today
Trade, Compete, Win — BYDFi’s 6th Anniversary Campaign
The Hidden Engine Powering Your Crypto Trades
Trump Coin in 2026: New Insights for Crypto Enthusiasts
Japan Enters Bitcoin Mining — Progress or Threat to Decentralization?
Is Dogecoin Ready for Another Big Move in Crypto?
BlockDAG News: Presale Deadline, Remaining Supply & Market Trends
Is Nvidia the King of AI Stocks in 2026?
AMM (Automated Market Maker): What It Is & How It Works in DeFi
Is Bitcoin Nearing Its 2025 Peak? Analyzing Post-Halving Price Trends
Crypto Mining Rig: What It Is and How It Powers Proof‑of‑Work Networks
More
Hot Questions
- 3313
What is the current spot price of alumina in the cryptocurrency market?
- 2960
What are some popular monster legends code for cryptocurrency enthusiasts?
- 2742
How do blockchain wallet reviews help in choosing the right wallet for cryptocurrencies?
- 2716
What are the best psychedelic companies to invest in the crypto market?
- 2693
What is the current exchange rate for European dollars to USD?
- 1466
What are the advantages of trading digital currencies on Forex Capital Markets Limited?
- 1359
What are the best MT4 programming resources for developing cryptocurrency trading indicators?
- 1358
What are the system requirements for installing the Deriv MT5 desktop platform for cryptocurrency trading?
More Topics