BitGo Under DDoS Attack; Wirex Advises Customers Not To Use Platform
Wirex, a bitcoin debit card provider, sent an email to customers today advising them to avoid making transactions on the Wirex platform until it could confirm from that BitGo services have been resumed. The message included a BitGo tweet advising users it was under a distributed denial of service (DDoS) attack. BitGo is a wallet and a security platform for bitcoin and blockchain technologies. “We, therefore, recommend to avoid making any transactions via E-Coin/Wirex platform until confirmation from BitGo that the services have been resumed,” the Wirex email noted. The BitGo tweet stated:....
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Whether or not this is a coordinated attack against Bitcoin wallets, is difficult to say. Users should always move their funds to a wallet under their full control, rather than relying on third-party services. BitGo, the world’s most secure Bitcoin wallet solution in existence today, is facing a strong DDoS attack. The team is working on resolving the issue, but all of the services making use of the BitGo platform will be affected by delays and errors. Distributed denial of service attacks are not that uncommon in the world of Bitcoin. Or to be more precise, they often seem to target....
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....
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 […]
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....
BitGo has declared that its systems were not breached, and its software functioned correctly during the Bitfinex hack. Co-founder and CEO at BitGo, Mike Belshe, wrote on the company’s blog saying: Our job is to protect your Bitcoin and continue to improve the security of the service. BitGo systems were not breached in this attack and our software functioned correctly. This may seem like an inadequate explanation, because everyone wants to know “what needs to change to avoid what happened in this case,” and we understand that. Fortunately, the Bitfinex configuration was unique and other....