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Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate

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The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait for “extra confirmations on transactions for payment finality.” On … Read more

Japan Roundup: Bitflyer Restructures, Zaif Suspends New Member Registrations

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The largest crypto exchange in Japan, Bitflyer, has announced a major organizational overhaul. A new representative director has been appointed to oversee the exchange’s day-to-day operations. Meanwhile, hacked crypto exchange Zaif has stopped accepting new customers as regulators ramp up oversight of exchange operators. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more