Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.
Ethereum Classic has suffered a 4,000-block-long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, had an attacker steal more than 800,000 ETC, worth about $5.6 million.
Developers advise exchanges to pause ETC deposits and withdrawals.
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons.
Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year.
Two of Ethereum Classic’s largest clients are walking away from the project. That leaves only 30% of the network to support future updates.
Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.
Ethereum Classic has largely followed Ethereum in lockstep. But as the larger chain goes toward Proof-of-Stake, ETC is sticking with Proof-of-Work.
Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday.
Bitcoin’s return above the $9,000 mark may have been driven by some of the same forces causing a rally in bonds – a desire for respite from a coronavirus-plagued markets.
Bitcoin remains steady, with its 24-hour price in the $8,600-$8,800 range.
Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years.
Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum.
Japan-based bitFlyer is adding multiple new coins to its European and American subsidiaries.