OKEx May Delist Ethereum Classic If It Doesn’t Upgrade Its Security

ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million.
According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.

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Ethereum Classic’s Leadership Says They Don’t Need Charles Hoskinson’s Bailout

Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects.

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Grayscale’s Assets Under Management Now Exceeds $5.5 Billion

Crypto investment platform Grayscale has reported another significant increase in its assets under management (AUM).

A global leader in digital currency management, Grayscale is a barometer of sorts for the wider crypto ecosystem.

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Ethereum Classic Blockchain Splits Due to Reorg by a Single Miner

On August 1, several figures associated with Ethereum Classic (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Ethereum Foundation member Hudson Jameson who stated that: “Exchanges need to pause deposits and withdrawals.

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