Tag: network failure

Price of Verge Holds Above $0.05 Despite Major Attack

The past day for Verge (XVG) represents yet another fiasco for the highly controversial Dogecoin fork. Hackers have managed to mine an XVG block every second through a timestamp exploitation coupled with a 51% attack. To make matters worse, hasty developer responses have actually rendered the network even more incapable through an ineffective hard fork. Since yesterday, hackers have mined over 17,000 XVG blocks. This translates to over 20 million …
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