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Group of Hackers Are Holding Small Blockchains Hostage by 51% Attacking Them

“The attackers, calling themselves the ‘51 crew’ are overpowering small blockchains with more hashing power and by DDoSing other nodes. It seems as though the attackers are specifically targeting Ethereum-based blockchains as the cryptocurrencies, Krypton (KR) and Shift, both Ethereum type coins, were threatened with a hack if they didn’t pay a ransom to the attackers.”

Source: Group of Hackers Are Holding Small Blockchains Hostage by 51% Attacking Them – Bitcoinist.net