PSA: Cryptsy Down, Claiming DDoS

PSA: Cryptsy Down, Claiming DDoS

For nearly twelve hours, Cryptsy.com, an elder "alt coin" exchange which has been the subject of semi-regular community outrage for various reasons, has been inaccessible. According to one of the exchange's proprietors, Paul Vernon, the site has suffered a DDoS attack not unlike the one CCN has been experiencing as of late. Website offline due to denial of service attack. We are working to mitigate. - BigVern (@cryptsy) November 25, 2015. The difference is that CCN has managed to come back online in a matter of a couple hours, not half a day. More importantly, CCN isn't holding onto....


Related News

Cryptsy and Kraken Targeted with Extreme DDoS Attacks

Cryptsy, a Belize-based cryptocurrency and bitcoin derivatives exchange has been suffering from a series of extreme denial of service (DDoS) attacks, that have effectively disabled the site and bitcoin wallets since November 22. "Due to a server failure all wallets are paused. Will have them back online as quickly as possible. Website offline due to denial of service attack. We are working to mitigate," announced the Cryptsy team. Over the past few weeks, prominent bitcoin exchanges and payment processing platform including Kraken and OKCoin have been targeted with DDoS attacks of similar....

Cryptsy Announces 1000 BTC Reward for Stolen Coins

Cryptsy is quickly capturing headlines and even being referred to as “the next Mt. Gox.” Things do not seem quite as simple as Cryptsy running away, as the unannounced vacating of their headquarters may have suggested. A new blog post from Cryptsy posted January 14th, claims that the loss of funds did not result from a recent malicious or DDOS attack, nor malicious actions on the behalf of any of the Cryptsy staff, as well as a bounty of 1000 BTC “for information which leads to the recovery of the stolen coins.” Instead, the beginning of these problems happened a year and a half ago, and....

Cryptsy in disarray

The popular cryptocurrency trading site Cryptsy.com has been having some noticeable issues these past few hours. Users of Cryptsy have been reporting negative balances, frozen transfers, suspended withdrawals. Speculation is that a recent update is causing the issues. Cryptsy is aware of the issues, but no official statement has been released yet. Who's been hit? I spoke to BlackDogeOfWallSt, one of the developers of BlackCoinPool.com (BCP), which has probably been the hardest-hit community from Cryptsy's problems. BCP has had to delay their payments due to the problems. BCP's payouts have....

Cryptsy: Trades & Withdrawals Suspended Indefinitely, Claims Bitcoin Theft

Following months of uncertainty & customer withdrawal difficulties, Cryptsy has revealed that it can no longer go on, in its current state. The digital currency exchange claimed in a blog post today that it was the target of a bitcoin wallet theft on July 29, 2014. The ‘critical event’, as Cryptsy deemed it, has the exchange alleging that 13,000 BTC, approximately, was stolen. The exchange also claimed a theft of 300,000 LTC, approximately. Cryptsy alleges the developer of Lucky7Coin behind the theft, claiming the developer placed an IRC backdoor with Trojan or command and control....

Armada Collective Strikes Again; Demanding 1 BTC ransom?

A cyber criminal claiming to be from Armada Collective has sent a ransom email asking website owners to either send him 1 BTC in ransom or face high-speed DDoS attack tomorrow... Armada Collective, a mysterious group of cybercriminals seem to be back again! The group known to disrupt websites by launching Distributed Denial of Service (DDoS) attacks may have sent emails demanding Bitcoin ransom from website owners. According to reports, many internet users have received an email demanding a ransom of 1 BTC. The sender, claiming to be from Armada Collective has threatened to launch a 10-300....