Bitcoin Association confirms that the attacks against the Bitcoin SV network—which started in early July—have resumed this week and are perpetrated “by a malicious actor attempting to illegally double-spend BSV coins.”
Double spends do not necessarily make for a problem, as some of the quoted “experts” have pointed out, Kurt Wuckert Jr. writes.
Bitcoin Association is planning to file reports with law enforcement agencies and pursue other legal remedies against a malicious party who recently launched several attacks on the BSV, BTC and BCH networks.
On January 21, a double spend of $21 happened on the BTC network. Kurt Wuckert Jr. explains why there is a lot more than meets the eye in this attack
BitMex Research’s ForkMonitor recently detected a split in the BTC chain, where the temporarily leading chain was re-org’d, and therefore 1 block was orphaned.
The crypto project has experienced yet another 51% attack last December 1, which led to five double spends valued at 125 VTC worth approximately $29.
Police in Canada are pursuing four men in connection with so-called ‘double-spend’ attacks, a type of cryptocurrency scam that has been plaguing Bitcoin Core (BTC) across the country.
Vertcoin (VTC) has fallen prey to a 51% attack, with some estimates suggesting losses have already surpassed $100,000 as a result of double spend transactions on the chain.