Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » The hacker, who made the attack 51% on Ethereum Classic, returned $ 100,000

    The hacker, who made the attack 51% on Ethereum Classic, returned $ 100,000

    0
    By BlockchainJournal on January 23, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    As it became known, the hacker who organized the 51% attack on the cryptocurrency Ethereum Classic returned $ 100,000 by transferring money to the Gate.io exchange.

    Representatives of the exchange made attempts to contact the hacker, but he does not get in touch. So the reason for the return of funds to the exchange is not yet known.  

    Exchange Gate.io made the following statement:  

    If an attacker does not use hacking for profit, he may be a “white hacker” who wants to remind people of the risks in the blockchain consensus and security hashing.

    The White Hacker is a hacker with a strong professional ethic who uses his abilities for good, not for personal gain.  

    Exchange Gate.io published an analysis of the 51% attack, which shows that a total of 54,200 ETC was transferred during the alleged hacking (approximate amount – 271,500 US dollars).  

    Charlie Lee, the founder of a large altcoin Litecoin (LTC), recently stated that by definition a decentralized cryptocurrency can be subject to an attack of 51%.

    And what do you think about this?  

    blockchain ethereum ethereum Classic Featured Gate.io Litecoin
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Mr. Beast registers “MrBeast Financial” to launch crypto and banking services

    October 17, 20253 Mins Read

    DeFi Development Buys $16M in SOL But Suffers 25% Stock Value Per Share Drop

    October 17, 20252 Mins Read

    LINK, XRP, and ASTER Trigger Alarms Over Increase in Altcoin Supply on Exchanges

    October 17, 20252 Mins Read

    Hong Kong firms lead $200 million investment in tokenized gold and Bitcoin mining

    October 17, 20252 Mins Read

    WisdomTree Revolutionizes London: To List Bitcoin and Ethereum ETPs in the UK After FCA Approval

    October 16, 20253 Mins Read

    Kraken expands derivatives in the U.S. after buying Small Exchange from IG for $100M

    October 16, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.