Verge (XVG), a cryptocurrency designed for everyday use and an improvement upon the original Bitcoin blockchain, is currently experiencing a DDOS cyber-attack. The company confirmed this with a statement on Twitter, “It appears some mining pools are under ddos attack, and we are experiencing a delay in our blocks, we are working to resolve this.” Ocminer on a BitcoinTalk forum suggests an attacker appears to have altered the Verge blockchain. The attacker manipulated a bug in the Verge code allowing malicious miners to set false timestamps on blocks and then rapidly and quickly mine new ones.
ORIGINAL SOURCE: CBR Online
