Coinbase Increases Confirmation Time for Ethereum Classic Deposits
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Crypto trading platform Coinbase has increased the confirmation time for ETC deposits to two weeks. The decision has reportedly been made as a result of the recent 51% attacks suffered by the currency. According to the exchange:

"Given the recent network attacks on Ethereum Classic, we have increased the confirmation time for ETC sent to Coinbase & Coinbase Pro to ~2 weeks. We are actively monitoring the situation and will provide updates as they become available."

The Ethereum Classic network suffered two 51% attacks last week. These attacks reportedly allowed hackers to steal $5.6M and $1.68M.

The crypto community has criticized Coinbase's measure, as they wonder why the exchange has not decided to simply delist Ethereum Classic instead of imposing these restrictions:

"Just delist it. Give people time to sell and delist it. Stop supporting scam projects."

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