AurumCoin Claims Cryptopia Refutes a 51% Attack Resulting in Lost Funds


There are some serious allegations in the cryptocurrency world. Dirt slinging has, unfortunately become all too common. Even so, every single bit of potentially disastrous news needs to be taken into account at all times. The AurumCoin team claims the Cryptopia exchange will not confirm a 51% attack against the network caused nearly 16,000 AU (worth roughly $200,000 at the time of writing) to be lost in the process. What AurumCoin Claimed has Happened When it comes to altcoin networks, a 51% attack is always a very prominent threat first and foremost. Any network is subject to such attacks, although not all of them will suffer from such incidents. In the case of Bitcoin Gold and Verge, 51% attacks have disrupted their respective networks in the past year and a half. It now seems AurumCoin is the latest to fall victim to this particular development According to the project’s website, a successful 51% attack against the network was conducted. This attack forced nearly 16,000 AU to end up in the wrong wallet, as the transfers to Cryptopia were never confirmed. When issues like these arise, there is a growing concern as to who is responsible for the missing coins and how the situation will be addressed moving forward, Although this theft appears to be a genuine concern, Cryptopia is – allegedly – unwilling to take any action to resolve the matter. The company is not necessarily planning to admit there is a problem. As such, its users are trying to…
Source: AurumCoin Claims Cryptopia Refutes a 51% Attack Resulting in Lost Funds

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