Not a day goes by in the cryptocurrency world without a good amount of drama. At times, it feels as if this industry simply can’t catch a break to recoup losses sustained throughout 2018. The latest incident comes in the form of Ethereum Classic suffering from an alleged 51% attack on the network. This forced service providers such as Kraken to temporarily halt all funding of this altcoin, although some users ask the company to effectively delist ETC.
There are some serious allegations in the cryptocurrency world. Dirt slinging has, unfortunately become all too common. Even so, every single bit of potentially disastrous news needs to be taken into account at all times. The AurumCoin team claims the Cryptopia exchange will not confirm a 51% attack against the network caused nearly 16,000 AU (worth roughly $200,000 at the time of writing) to be lost in the process.
What AurumCoin Claimed has Happened
When it comes to altcoin networks, a 51% attack is always a very prominent threat first and foremost.