Security Incident · Exchange
Verge 51% attack
The attacker discovers and manipulates errors in the Verge code, causing false timestamps to be set on the block and then dig out new blocks quickly.
- Reported loss
- 35,000,000 XVG
- Attack category
- 51% attack
Incident Overview
The protocol of Verge is uses five mining algorithms in turn, and the attacker increases control over two of them: scrypt and lyra2re. The attack should be between block 2155850 and block 2206272. Within a few hours of the attack, the 35 million XVGs, which cost about $1.75 million, were stolen at the prevailing exchange rate.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.