CryptoNews

$8 Billion Bitcoin Attack Could Become Profitable Through Derivatives, Duke Professor Says

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…
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