Sep 19, 2022
Business
Ethereum Fork ETHPoW Suffers Bridge Replay Exploit, Token Tanks 37%
ETHPoW, the proof-of-work blockchain forked from Ethereum that went live shortly after Ethereum’s transition to proof-of-stake (PoS) last week, has fallen victim to a replay exploit that resulted in an extra 200 ETHW tokens being siphoned by the attacker. Blockchain security company BlockSec revealed the incident on Sunday, saying that the attack happened through the Omni Bridge on the Gnosis chain. “On September 16th, 2022, we detected that some attackers successfully harvested lots of ETHW by...
Sep 15, 2022
Coins
Forked Ethereum Token ETHW Surges, Then Tanks Following Merge Event
ETHPoW (ETHW), a hard fork of Ethereum supported by a group of proof-of-work (PoW) miners, enjoyed a massive rally leading up to Ethereum's merge event early Thursday morning. The token soared from $35.4 to $60.68 shortly after the merge, marking a run-up of more than 70% in roughly five hours, according to data from CoinMarketCap. Since then, however, the forked token has shed the entirety of its gains, plummeting below $32 a token. Today's volatility comes as no surprise for speculators eyein...