Facebook Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies.

He does not own any cryptocurrencies currently. Your email address will not be published.

Required fields are marked This might seem like a movie sequel for the lay-readers but a nightmare for the investors of Verge [XVG] and the cryptocurrency market. There have been two serious attacks on Verge in the past month.

Initially, it was revealed it was a mere DDOS attack but it dwelled much deeper than that. The attack on the Verge network [XVG] exploited 35 million Verge [XVG] coins with the help of a multi-algorithm approach to mining.

This second hack has taken on a 51% of the Verge technology since April 2018. The affected blocks appear to be between 2155850 and 2206272 blocks absconding $1.75 million at the current exchange. Read more from ambcrypto.com…

thumbnail courtesy of ambcrypto.com