$1 million may have been stolen from the Ethereum Classic blockchain in a “51%” hack attack

An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another, different kind of attack, Ethereum’s developers created a new version of the transaction history that returned …

Coinbase Launches A Merchant Tool to Accept Cryptocurrencies

Digital-assets exchange Coinbase Inc. has unveiled a new service designed to help merchants accept cryptocurrency payments, according to a recent blog post by the San Francisco-based company. The service, called Coinbase Commerce, will allow businesses to accept payments in Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. These payments can be deposited directly into the merchant’s digital …