The ZenCash encountered a 51% cyber attack or double-spend attack at around 8:26 PM on June 2nd (June 3rd 00:26 UTC). This attack resulted in the loss of Zen encrypted tokens worth approximately US $550,000. The ZenCash team responded immediately and implemented preventive mitigation measures, which greatly increased the difficulty of future cyber attacks.Collapse
The ZenCash encountered a 51% cyber attack or double-spend attack at around 8:26 PM on June 2nd (June 3rd 00:26 UTC). This attack resulted in the loss of Zen encrypted tokens worth approximately US $550,000. The ZenCash team responded immediately and implemented preventive mitigation measures, which greatly increased the difficulty of future cyber attacks.
- Amount of loss
- $ 550,000
- Attack method
- 51% attack