Too Long; Didn't Read
Last Sunday, November 12th, was an historic day for cryptocurrencies. Bitcoin was the victim of a highly orchestrated, specialized and incredibly expensive attack. The attack involved carefully timed mis-information, the active manipulation of two of the world’s biggest cryptocurrencies and denial-of-service like tactics. Hundreds of millions of dollars were made, and lost, in a few short hours. Billions of dollars of value were rapidly shunted between coins.