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ID:

okex-488

Date:

Status:

Incident Count:

August 18, 2020

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:

5,600,000

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Recovered:

-

Rewards:

Currency:

USD, ETC

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OKEx has confirmed that the latest 51% attack caused ETC losses of approximately $5.6 million. Out of concerns about the security of the ETC mainnet, it is considering removing ETC from the exchange. According to a report released by OKEx on Saturday, OKEx will repay all the ETC lost by users, and due to the attack, all ETC deposits and withdrawals have been suspended. The Malta-based cryptocurrency exchange reimbursed all the lost ETC in full to its customers as part of its user-protection policy, according to a report published by OKEx on Saturday, and all deposits and withdrawals of ETC have been suspended due to the attacks.

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