Crypto currency Vertcoin hit with 51% attack
Low prices and declining mining activities have led to security vulnerabilities throughout the year in small crypto networks. The last project under attack was Vertcoin.
The decline in the crypto money prices and the subsequent loss of the hash rates after the miners who hired tip-offs made the crypto coins more vulnerable to attacks than earlier this year.
As the costs of attack fell, smaller networks were hit by the attack, although larger networks were not attacked. This year we have seen double spending on Bitcoin Gold, ZenCash and privacy-oriented crypto currency Verge already bitten by Bitcoin.
The latest double spending money crypto attack to stop the MIT Initiative and supported by Digital Currency Lightning Network application known as the Vertco was.