BTCC Suffers DDoS Attacks But Ignores Ransom Demands
BTCC, the Shanghai, China-based digital currency exchange, suffered a distributed denial of service (DDoS) attack, the company noted on Dec. 31, 2015, on Twitter. The attack hampered BTCC’s access to its APIs and other services for a period of time. It marks the most recent in a growing number of DDoS attacks demanding bitcoin ransoms, including one in November against CCN. “Our website is under DDoS attack, which is hampering access to our APIs and other services,” BTCC tweeted on Dec. 31. “We are working quickly to resolve the situation.” In referencing a previous DDoS attack faced by....
Related News
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.....
Secure mail service provider ProtonMail has again come under renewed DDoS attack and the email service has gone offline inconveniencing its users. This is yet another high-profile case involving Bitcoin ransom which has come to light! The mail service was created to ensure the safety and privacy of the users but in a rather unusual event it is now facing an unprecedented challenge as it came under sustained and aggressive DDoS attacks which began on November 3rd, 2015. In a statement titled DDoS Update it even requested experts to help in the following words: "If you or someone you know....
Encrypted email service provider ProtonMail recently and grudgingly gave in to a ransom demand of 15 bitcoin (approx $6000) to attackers who targeted the service with destructive Distributed Denial of Service (DDoS) attacks. ProtonMail, an encrypted email service set up by CERN scientists in Geneva and researchers at MIT, has revealed crippling DDoS attacks to be the cause of a recent outage suffered by the crypto e-mail service provider. Two groups are believed to be behind the attacks, one of which began the cyber-strikes and put forth the ransom demand. The website remains down at the....
Yesterday, there were several reports of Hashnest and Bitmain services having abnormal intermittent outages. It so happens that earlier in the morning, an unidentified group of hackers sent the company a threatening email demanding a great deal of money to avoid a series of severe DDOS attacks. Of course, that several customers started complaining about not being able to access the mining pool and their profile accounts. Soon after this the company informed their customers through email what was happening: "This morning we received a concerning email from a group of hackers threatening....