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ID:

bitrue-696

Date:

Status:

Incident Count:

January 7, 2019

Verified

2

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

14,000

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Recovered:

-

Rewards:

Currency:

USD, ETC

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Exchange

Assets

51% Attack

Extended Method:

51% attack

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Days in Operation:

0

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The firm found the first attempted malicious transaction was carried out on the trading platform, Bitrue. The attacker executed a double spend worth $14,000. This was corroborated by Bitrue's twitter account. We've experienced an ETC 51% attack yesterday morning. The attacker tried to withdraw 13,000 ETC from our platform but got halted by our system. By the time we conducted our research, there was a total of 88,500 ETC double-spend, among which 13,000 were onto our platform.

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