link.png

ID:

firo-413

Date:

Status:

Incident Count:

January 20, 2021

Verified

1

info.png
target.png
REKT

Contributor:

chain.png

zerofriction.io

KYC By:

KYC:

None

info.png

Audit By:

Audits:

None

Loss Amount:

-

info.png

Recovered:

-

Rewards:

Currency:

USD

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Firo

Network

Chain

51% Attack

Extended Method:

51% attack

info.png

Days in Operation:

0

chain.png
chain.png
chain.png
chain.png
datasource.png

The privacy coin project Firo stated on Twitter that it is currently under 51% attacks and it is recommended that users do not trade during this period until the network returns to normal. It seems over 300 blocks rolled back within the time it took for the 51% attacks to take control. Additionally, they alerted their users to the actual cause of the attack. The attack was in fact, caused by the nature of the Proof-of-Work (PoW) consensus and not due to a coding error. Firo’s team says it is currently working with pools and exchanges to resolve the issue.

info.png

DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.