Bitcoin Spinoff Hacked in Rare ‘51% Attack’

https://www.msn.com/en-us/money/companies/bitcoin-spinoff-hacked-in-rare-51percent-attack/ar-AAxYMTl?ocid=spartandhp&ffid=gz

The hacking incident, which was reported in a blog post earlier this month, is significant because it shows how a so-called 51% percent attack, which poses an existential threat to any Bitcoin-like currency, is not just a theoretical concern.