This Latest Xbox Live DDoS Could Have Been Prevented with the Blockchain
Xbox Live has been DDoSed again, bringing back memories of the dramatic attack waged against Microsoft and Sony’s PlayStation Network in 2014. This time, the hacking group that attacked Live goes by the name “Phantom Squad,” a copycat of the 2014 Lizard Squad. ARS Technica reported on December 18 that Xbox Live users experienced difficulty logging into their accounts during the night of December 17. By the time ARS Technica published their story, the Xbox Live network was fully functioning. These difficulties occurred after a series of threats made by the Phantom Squad Twitter account,....
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Microsoft has now joined the many, many retailers that are now accepting bitcoin as payment. Microsoft, the global powerhouse that created the widely used Windows OS, is allowing its users to fund their Microsoft/Windows Live accounts or xBox Live accounts. This means customers can now purchase xBox games, mobile apps, music, and other digital media using bitcoin. Bitcoin is now accepted as a payment option for Live account users. This option is available across the United States, and is converted at the current exchange rate. BitPay will be handling the payment conversion process for....
Microsoft will reportedly be moving away from its virtual "Points"currency for Xbox, in favor of local currency and gift cards. According to reports by The Verge and Engadget, Microsoft will be spiking Points, which has been used in the Xbox Live and Zune marketplaces. The currency had received backlash from users who were forced to buy Points in increments, which often resulted in leftover Points after purchasing games. Back in October, Microsoft began phasing out its Points payment system in its newest operating system, and users were given the option to pay for digital content with....
The internet infrastructure and risk-mitigating company, Cloudflare Inc., reportedly prevented the largest distributed denial of service (DDoS) attack earlier this month, calling it the most volumetric attack the company has recorded to date. The attack in question was aimed at a crypto platform. The number of requests per second (rps) of the current DDoS attack […]
On October 21 the Internet suffered a severe Distributed Denial of Service (DDoS) attack. In fact, reports say nearly half the Internet was incapacitated with sites like Twitter, Reddit, Netflix and more temporarily shut down. Although the state of the web looks grim, the rise of blockchain technology may be able to deter DDoS assaults significantly.....
BTC-e was down briefly on Sunday, following a powerful distributed denial of service (DDoS) attack against its servers. DDoS attacks against bitcoin exchanges have gained notoriety since the 'massive and concerted' attack which targeted multiple organisations earlier this year. However, in the current climate of uncertainty even a harmless attack can be misinterpreted, with speculation spreading like wildfire on social media. Luckily BTC-e was quick to confirm the attack and dismiss fears - it was just another DDoS attack, now all too common in the world of bitcoin. DDoS attack on our....