Binance/Bitcoin Gold Double Spend Hack: Revision history

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12 March 2025

1 May 2023

17 February 2023

25 January 2023

  • curprev 11:0911:09, 25 January 2023Azoundria talk contribs 4,306 bytes +4,306 Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/binancebitcoingolddoublespendhack.php}} 51% attacks are one attack that exchanges can hardly avoid - the only way is to have a slower withdrawal or insure against the losses. By adjusting their escrow period from 12 blocks to 20 blocks, Binance has increased the expense to repeat the attack from $1,200 to ~$2,000. Still, they are lucky at the minimal scale of the attack at this stage. This exchan..."