'Shock and awe' DDoS campaign does neither
A much-hyped distributed denial of service (DDoS) attack on several bitcoin exchanges failed to materialize this week. A post (since deleted) on the text-sharing site Pastebin.com over the weekend had promised a massive attack on the bitcoin infrastructure for Monday, April 22. The stated goal was to bring the price of bitcoin down to $30 (US). The promised attack, set to start at 15:30 UTC, was to involve the distribution of bogus press releases suggesting that the bitcoin exchange Mt. Gox was under investigation for securities fraud. Shortly afterward, the story was to be spammed on....
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Polygon (MATIC) has once again landed a big name. Casio Computer Co., Ltd. has unveiled its plans to launch the virtual G-SHOCK project, an interactive user community aimed at bridging the gap between the iconic G-SHOCK line of shock-resistant watches and its global user base. This initiative will see the distribution of 15,000 limited-edition G-SHOCK […]
Bitcoin exchange BTE-C has reported via its official Twitter account that it is, at this time, experiencing a DDOS (distributed denial of service) attack that may or may not be affecting all services. The uncertainty comes from the lack of explanation from BTC-E. The tweet, which only reads "DDos #btce" (pictured above), seemingly speaks for itself, however. Bitcoin exchanges are often targets of DDOS attacks, but many have learned to deal with these situations as a result of being victims multiple times (see Mt. Gox). More updates as they become available.
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....
As if we did not have enough Bitcoin associated-DDoS attacks in 2015, the coming year may see the number turn three-fold as automation of such attacks increases. The startling prediction has been made by a Hudson-based DDoS protection solutions provider Corero Network Security (LSE: CNS). The media release states that the volume of DDoS attacks grew by 32% per quarter, and may result in a 30% jump in Bitcoin ransom demands if the trend is allowed to continue. Dave Larson, COO at Corero Network Security said: "Just one highly publicized participant will further fuel the epidemic by causing....
AntPool, BW.com, NiceHash, CKPool and GHash.io are among a number of bitcoin mining pools and operations that have been hit by distributed denial-of-service (DDOS) attacks in recent days. The incidents appear to have begun in the first week of March. For example, on 11th March, AntPool owner Bitmain sent an email to customers disclosing the DDOS attacks and advising external pool users to set up failsafe pools in the event of an outage. According to many of the companies affected by the incidents, those behind the attacks demanded payment in bitcoin in return for stopping the attacks.....