Ethereum Classic has undergone a huge 51% attack in crypto history, with Coinbase providing evidence of $460,000 worth of transactions being reversed. This might be due to two possible sources - rented hash power or new ASICS targeting ETHASH. Ledger announces Ledger Nano X - Ledger invited me to check it out during CES tomorrow!
Information Sources:
Ethereum Classic attacked: https://blog.coinbase.com/ethereum-classic-etc-is-currently-being-51-attacked-33be13ce32de
Network Hashrates: https://minergate.com/blockchain/etc/blocks
Ethereum goes ProgPow: https://www.coindesk.com/ethereum-developers-give-tentative-greenlight-to-asic-blocking-code
Circle announces 24 Billion USD traded in 2018 https://www.ccn.com/circles-otc-crypto-trading-desk-saw-24-billion-in-volume-in-2018/
#CryptoNews #Ethereum Classic #Bitcoin
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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shit yes this is way a dont do small cons anymore. to scary. more apps on the Ledger is a game change for sure.
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Michael definitely let us know about the Ledger X !
I would like to know if they will continue to support the Ledger nano.
Will both still be produced?
I would also love to see a video about the 2019 Ledger nano software upgrades.
Thanks Michael, have a wonderful time in Vegas 😊
Resteemed
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Great crypto analysis. I always learn something new from your every video.
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If it has bigger memory then it's already a winner lol!
Sentiment does seem to be on the turn for BTC I think.
With lightning growing daily you should make a tip page 🍻
https://tip.lightningtester.com/u/01D0CDRJ50G88Z0SCV36XJKYBV
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I was surprised to see the Ethereum Classic price hold up as I remember steep declines when Bitcoin Gold was attack and it never recovered.
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Very bad for Etherium Classic community. Security should be more strong. Anyways thanks for sharing the valuable news.
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Thank you for the updates and keeping us posted on such events!
I'm usually behind the news regarding this space so checking out your videos has been a more wodnerful boon!
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For those that are interested in the Ethereum Classic 51% attack:
https://steemit.com/cryptocurrency/@dashforcenews/ethereumclassicsufferspossible51attacklatestinstringofsmallercoinattacks-zm9cv47gua
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