😲 Coinbase: Ethereum Classic double spending involved more than $1.1 million in crypto

Coinbase has updated its reporting on the Ethereum Classic ($ETC) double spend event on Monday. Initially, the team had claimed that they detected eight reorganizations that included 88,500 ETC (~ $460,000). Later, the exchange updated that to a total of 12 reorganizations totaling 219,500 ETC (~$1.1 million).