Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BSV's Price
Bitcoin SV Struggles with an Ongoing 51% Attack
According to the latest report, Bitcoin SV suffered a 51% attack on Tuesday morning. Unknown persons initiated the attack after compromising transactions to start three shadow forks. Such attacks aim to secure cryptocurrency blockchains and block other transactions from getting confirmed. Let me explain how. After the attack, tokens overwhelm the network to reorganize transaction records. It then enables the attackers to double-spend and lowers their value as a result. The Attack Affects BSV's Price Forbes has it that the…
4 years ago