Coinbase suspends Ethereum Classic (ETC) trading after double-spend attacks

Cryptocurrency trading portal Coinbase delisted today the Ethereum Classic (ETC) currency after detecting a series of double-spend attacks over the last three days. More security news NSA to release a free reverse engineering tool Facial recognition doesn’t work as intended on 42 of 110 tested smartphones City of LA sues Weather Channel app for sharing location data with advertisers Most home routers don’t take advantage of Linux’s improved security features In layman terms, double-spend attacks are when a malicious actor gains the majority computational power inside a blockchain, which they then use to enforce unauthorized transactions over legitimate ones.

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