Rumours, Panic and a DDoS Attack: Huobi's Wild Week
While everyone was preoccupied with bitcoin price drops after last Friday's 'fake Chinese bitcoin ban' news incident, something even more dramatic was happening at China's largest exchange, Huobi, and its new litecoin trading system. A 'flash crash' on the exchange saw the price plunge to just 1 RMB (Chinese yuan) a short time after a hoax news report of a complete government ban on digital currencies was posted on microblogging site Sina Weibo and reported by Sina's financial news service. The number of trades executed at that price is unknown, as is the total amount of money lost -....
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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....
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 […]
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.
The recent DDoS attack faced by Coinsecure led to a temporary disruption of services. Cryptocurrency platforms across the world are constantly under the threat of various forms of cyberattacks. While the attackers’ intentions may be several, they are generally of no good. Yesterday, Coinsecure — a leading Indian Bitcoin trading and blockchain services company became a target of one such attack. According to the company’s communication to its customers, the platform came under a DDoS attack which forced them to disable most of its services for few hours. The attack on Coinsecure seems to be....
Georgia-based CampBX has been having issues with their service since at least Thursday of last week, according to tweets transmitted by the crypto-currency exchange. Beginning on the 3rd of July, the company took to social media to report that their service was dealing with a DDOS attack. For those unfamiliar, a DDOS is a distributed denial of service attack. An attack of this nature overwhelms a target server/s with requests, making the service slow or even unreachable by legitimate users. A D-DoS attack is in progress. We are working to mitigate it. - CampBX - Bitcoin (@CampBX) July 3,....