Japanese Cryptocurrency Monacoin Hit by Selfish Mining Attack

Between May 13th and 15th, Monacoin, a cryptocurrency developed in Japan, appears to have suffered from a network attack that caused roughly $90,000 in damages. The attack appears to have been a selfish mining attack, where one miner successfully mines a block on the blockchain but does not broadcast the new block to other miners.
The post Japanese Cryptocurrency Monacoin Hit by Selfish Mining Attack appeared first on CCN