The price of ETC is pulling back as a result of a recently reported attack that resulted in a series of blockchain history rewrites as coindesk reported here:
https://www.coindesk.com/ethereum-classic-price-stumbles-amid-suspected-51-attack.
While ETC, the 18th largest cryptocurrency in the world by market cap, is not the worst performing cryptocurrency of the day, it is noticeably under-performing the other major cryptocurrencies.
At the time of writing, ETC is the only cryptocurrency out of the world’s 20 largest to report a 24-hour loss above 5 percent. For reference, bitcoin is reporting a minor loss of less than 1 percent today.
Have you ever seen any attacks of other major cryptocurriences and lost something?
What's your opinion about this attack?