Image via Shutterstock

Blockchain This Week – OKEx, Stone Ridge, Breitling

OKEx exchange suspends withdrawals, Stone Ridge, the billion dollar asset management company raises $50 million for offering crypto services – These and many more in this week’s newsletter.

Image via Shutterstock

Blockchain This Week – Ethereum Attacks

The week began with the news of a 51% attack on the Ethereum Classic network, which the attackers purportedly executed undetected over several days. The attackers managed to pocket the US $5.6 million through double-spending. The network was attacked again on Thursday, with the attackers ripping off US $1.6 million. The attackers were able to mount up sufficient resources for the attack by spending a mere 17.5 Bitcoins worth US $192,000 for renting the required hash power. This news and many more in this week’s newsletter.