Bitcoin Developers: DDoS Fix is Ready
Photo via jdac. Note: The quotes in this article are from the public Bitcoin IRC channel. The Bitcoin Core Developers have been working around the clock to implement fixes for a new version of the Bitcoin software that will address those aspects of the protocol that had made the recent Distributed Denial of Service (DDoS) attack possible. It must be stressed at the outset that the vulnerabilities being targeted by Tuesday's DDoS were not inherent to the Bitcoin protocol software itself but, instead, are vulnerabilities resulting from flawed wallet implementations developed by the affected....
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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.
Bitstamp has announced they have a fix for their DDoS problems. Bitstamp has just released a statement about their intentions to resume Bitcoin withdrawals later today. It seems they've been able to implement the transaction malleability fixes created by Bitcoin developers, and they are now ready to fight back against the recent DDoS attacks. As of right now, there is no official word from MtGox on when they will be able to fix their own issues. Could This Stop the Bitcoin Crash? The Bitcoin price has continued to fall over the past few days, although the damage seems to be much more sever....
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....
F2Pool, a Chinese mining pool also referred to as Discus Fish, which holds the largest share of the Bitcoin network’s hashrate at 26%, has been experiencing a series of extreme DDoS attacks. Behind the DDoS attack. The attacks began to target the F2Pool Bitcoin mining pool almost immediately after the F2Pool team announced their decision to “test” Bitcoin Classic by launching a subpool in which miners can mine Bitcoin Classic blocks. Peter Todd and other Bitcoin experts requested the hackers and the individuals behind the series of DDoS attacks to terminate them immediately, as they are....
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....