Categories: AltcoinsBlockchainBusinessExchangeNews

Coinbase Suspends Ethereum Classic Transactions after Double Spend Attack

Shortly after detecting a deep chain reorganization of the Ethereum Classic blockchain (ETC) on January 8, 2019, cryptocurrency exchange platform Coinbase Tweeted that it has stopped all transactions related to the cryptocurrency.

Ethereum Classic Blockchain Reorganized

After having a monumental 2018, Coinbase would have hoped to carry the positive momentum into 2019.

However, the U.S.-based crypto trading behemoth was in for a surprise on January 8, 2019, when it was forced to abruptly pause transactions related to one of the cryptocurrencies in its portfolio.

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