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Vertcoin (VTC) faces yet another cyber-attack where coins were double-spent with 603 blocks replaced by the hackers’ transactions. Understanding Vertcoin Vertcoin is a Bitcoin clone purportedly exhibiting ASIC-resistant traits due to regular mining algorithm changes. These changes occur as a result of a hard-fork. VTC boasts of a 12.5 million dollar market cap standing at the 194th position by market capitalization in the crypto market. Repeat Attack on Vertcoin Earlier in December 2018, Vertcoin faced a significant attack that led to a change in its proof-of-work algorithm. Since then, things seemed to hold up, up until December 2019. Just as […]
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