Attack on ETC, Ethereum's fraudulent forks, Dash at risk and more | CryptoNews

Last week, the news dominated the 51% attacks that occurred in the Ethereum Classic, which shows stability at the time the note was written. After a brief stability, the crypto-derivatives market falls again. Venezuela had for a time the price of bitcoin above the global average.

Among other novelties of the week are:

• Ethereum Classic (ETC) suffered a block reordering attack on Monday from a malicious mining pool. The ETC team asked the exchange houses increase the confirmations of your transactions to 400. Coinbase froze cryptoactive operations and Gate.io reported that the attacker moved about $ 200,000 into ETC. After the attack, it was revealed that the malicious group managed to control 58% of the hash power of the network and that the total theft was 219 thousand ETC. This weekend, it looks like the attacker has returned $ 100,000 on the ETC to Gate.io.
• Mining statistics on the Dash network of January 10 showed that an unknown user concentrated 65% of the mining energy in the last 100 blocks and 51.5% in the last 1000. This shows that the active encryption network is prone to suffer an attack of 51%.

Also:

• Two bifurcations of the Ethereum, which would give rise to the cryptomanes Ethereum Classic Vision and Ethereum Nowa, were exposed as fraudulent schemes. Their official purse supposedly "Steal" users' private keys, according to the report of the Guard of the startup.
• In Venezuela, the Executive issued a decree that obliges people performing crypto-coin operations, to calculate and pay taxes with the corresponding cryptoactive. In that country, the price of bitcoin was 10% more expensive last week than the average world price, according to Localbitcoin offers.
• A piece by the urban artist PBOY, alluding to the protests of the "yellow vests" in Paris, hides a premium of 0.28 bitcoins, according to the author. It is a mural located in Paris, France, inspired by the work of the classic Eugene Delacroix, "Freedom Guiding the People". For this Sunday, January 13, the author revealed that The puzzle has been solved and soon the solution will be published.

For this week is announced the bifurcation of Ethereum Constantinople, where no chain division is planned, since the Ethereum community has no conflicts with this new version of the client. In addition, the release of the second cryptoactive based on the MimbleWimble, Grin privacy protocol will occur.