The latest trend in crypto is not one to be happy about. Litecoin (available on Coinbase) Cash (LCC) can now be added to the list of smaller coins that are experiencing 51% attacks.

Several days ago, Litecoin (available on Coinbase) Cash was hit with a 51% attack. When a cryptocurrency is taken over by a 51% attack, it means that the majority of the blockchain has come under the control of one entity with the intentions of stealing cryptocurrency. 51% attacks use a large amount of computing power to do so, making it an incredibly expensive, but effective, way to steal coins.

In an attack, hackers can stop new transactions and payments from happening, which lets them double spend coins, meaning that they can withdraw them and even convert them to other tokens. It was once thought that 51% attacks would be too expensive to be carried out, but given the spree of them happening lately, it’s obvious that people are finding a way regardless of the cost.

The Litecoin (available on Coinbase) Cash team acted fast on news of the attack and contacted exchanges immediately, increasing the block confirmation level to 100 to make it more difficult for one to control. The team may now be looking into conducting a hard fork, or some other mETHod of limiting any major hashrate spikes to help prevent further attacks.

The Litecoin (available on Coinbase) Cash attack follows a string of other 51% attacks, which have included Bitcoin (available on Coinbase) Gold (BTG), ZenCash (ZEN), and Verge (XVG).