{"id":28688,"date":"2020-09-15T14:45:45","date_gmt":"2020-09-15T11:45:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28688"},"modified":"2025-08-27T12:53:56","modified_gmt":"2025-08-27T09:53:56","slug":"japanese-exchanges-stop-accepting-ethereum-classic-amid-a-spate-of-51-attacks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/japanese-exchanges-stop-accepting-ethereum-classic-amid-a-spate-of-51-attacks\/","title":{"rendered":"Japanese exchanges stop accepting Ethereum Classic amid a spate of 51% attacks"},"content":{"rendered":"<p>Cryptocurrency exchanges bitFlyer and Coincheck announced a pause in support for Ethereum Classic (ETC). The reason: recent 51% attacks.<!--more--><\/p>\n<p>BitFlyer emphasised that it is acting in users&#8217; best interests. The platform will suspend ETC deposits for the time being, but did not specify when the restrictions would be lifted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"ja\">From the standpoint of protecting customers, ETC, which has experienced repeated reorganisations triggered by what is called a 51% attack, will be temporarily suspended from deposits starting at 5:00 PM on Tuesday, September 15.<\/p>\n<p>\u2014 bitFlyer status (@bitFlyer_status) <a href=\"https:\/\/twitter.com\/bitFlyer_status\/status\/1305508349992083456?ref_src=twsrc%5Etfw\">September 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Coincheck exchange is also halting ETC trading amid the risk of another 51% attack.<\/p>\n<blockquote>\n<p>\u201cWe have decided to halt ETC support, as we cannot do so safely,\u201d the company said in a press release.<\/p>\n<\/blockquote>\n<p>In August, Ethereum Classic <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-classic-developers-report-network-outage\">confirmed<\/a> the split of the blockchain into two chains at block #10 904 146. The depth of the reorganisation was 3,693 blocks, and the damage was estimated at 807 260 ETC.<\/p>\n<p>Five days later <a href=\"https:\/\/u1f987.com\/en\/news\/damage-from-second-ethereum-classic-51-attack-in-a-week-estimated-at-1-68-million\">there was a second<\/a> 51% attack, followed by <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-classic-hit-by-another-51-attack\">a third<\/a>. After this, developers <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-classic-developers-unveil-plan-to-shield-the-network-from-new-attacks\">prepared<\/a> a list of measures to safeguard the network.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchanges bitFlyer and Coincheck announced a pause in support for Ethereum Classic (ETC) after a string of 51% attacks.<\/p>\n","protected":false},"author":1,"featured_media":28689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1395,1166,476,135],"class_list":["post-28688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-51-percent-attack","tag-centralized-exchanges-cex","tag-ethereum-classic","tag-japan"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28688"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28688\/revisions"}],"predecessor-version":[{"id":28690,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28688\/revisions\/28690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28689"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}