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Observer 🛡 EXPLOIT: Litecoin Hit by Rare 51% Attack, Double-Spend Drains Millions Litecoin suffered a 51% attack allowing attackers to double-spend the same coins. They swapped LTC for other assets, then rewrote blockchain history to reclaim the original LTC, keeping…
⚠️ UPDATE: Litecoin Clarifies, No 51% Attack, It Was a Zero-Day Bug

Litecoin has confirmed the incident was caused by a zero-day bug in MWEB, not a coordinated 51% attack. Non-updated nodes accepted an invalid transaction, triggering a DoS on major mining pools and a 13-block reorg. The invalid transactions were reversed and will not be included in the main chain. All valid transactions remain unaffected. Bug is fully patched, network back to normal.

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