$8 Billion Bitcoin Attack Could Become Profitable Through Derivatives, Duke Professor Says
July 13, 2026
Campbell Harvey, a Duke University finance professor, says an attack on Bitcoin that once looked economically self-defeating may now be financially viable because deep derivatives markets could let an attacker profit from the resulting price collapse.
Key Takeaways
Campbell Harvey says an $8 billion 51% attack could pair Bitcoin hashpower with shorts.
Duke University’s model puts the cost near…