Syscoin’s blockchain possibly compromised as 1 SYS trades for 98 BTC on Binance [Update]
By Neer Varshney
It appears that Syscoin (SYS) cryptocurrency’s blockchain has been compromised. Syscoin’s blockchain explorer shows that more than one billion of its coins were transacted in a single block. This is peculiar because the cryptocurrency’s total possible supply is 888 million — significantly less than the amount in the block number 87670. (Updated: The piece earlier wrongly used the word ‘mined’) Syscoin confirmed on Twitter that it’s investigating a possible issue with its blockchain, and stated that it has asked all cryptocurrency exchanges to halt its trading for the time being. The company hasn’t been able to determine the cause of…
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July 4, 2018 at 12:55AM
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