UPDATE: Linzhi Shenzhen director of ops Wolfgang Spraul refuted claims that Linzhi is involved in the reorg: "We are categorically denying such claims, they are entirely baseless and may be part of the attack itself."
https://t.co/ZMUrzazr2p
Because of the currently ongoing potential 51% attack on #ETC we have temporarily increased block confirmations on our ETC mining pool. We will notify you once the network has stabilized again
As many of you have surely heard by now, #EthereumClassic is experiencing what seems like a 51% attack. #TeamMEW suggests that ETC users refrain from making transactions during this time. ETH users don't need to worry!
#ETC
gateio confirmed 51% attack of #etc happened on 7 Jan. 54,200 ETC or 7 tx has been reversed. The exchange claimed the account used by attacker was registered three month ago and passed KYC. https://t.co/Dkfgapzi9Y
We can confirm that there was a successful 51% attack on the Ethereum Classic (#ETC) network with multiple 100+ block reorganization. We recommend all services to closely monitored the chain and significantly increase required confirmations.
On 1/5/2019, Coinbase detected a deep chain reorganization of the Ethereum Classic blockchain that included a double spend. In order to protect customer funds, we immediately paused movements of these funds on the ETC blockchain. Read more here: https://t.co/vCx89dz44m
Pay attention to the professionalism by @coinbase
They detect double spend attack on #ETC 2 days ago and they keep it to themselves allowed the attack to go on. First today they inform the public.
Brilliant