Ethereum Classic Network Hit by Second 51% Attack in 5 Days – August 6

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$11,741

Bitcoin price has risen 2% today, finding its way back into the high $11,000s to settle around the $11,700 to $11,800 range.

Top-20 altcoins have spent another day trading flat, as Ethereum posts no change and XRP falls a little more than 1%. Monero and VeChain are the outliers, with 5% and 9% rises, respectfully.

Top Stories for August 6, 2020 🔥

👉 Ethereum Classic Network Hit by Second 51% Attack in 5 Days

The Ethereum Classic blockchain has been hit by yet another 51% network attack, its second in just five days.

More than 4000 blocks on the ETC blockchain have been reorganized as a result of the attack, with the total value of the double-spent funds still unconfirmed.

The previous attack took place on August 1st, where more than 800,000 ETC coins were double-spent with a market value of around $5.6 million.

👉 China’s Tencent Turns to Blockchain for Wine-Tracking

Chinese tech-giant Tencent has announced that it plans to create a blockchain platform to more securely track wine supply chains.

The project is in collaboration with Changyu Pioneer Wine, one of China’s most major wine producers.

Each bottle of wine would be tagged with its very own tracking certificate, allowing consumers to check the product’s authenticity and origins.

👉 Adds Another 1M Holiday Homes, Bookable with Crypto

Travel booking website has added another 1 million holiday homes to its website, which can be booked with cryptocurrency payments.

The homes span across 195 different countries around the world, and bring Travala’s total holiday home selection to over 3 million.


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