Bitcoin and cryptocurrency exchanges often suffer from an enlargened amount of internet traffic. Te most cases, this indicates a spectacular growth among users looking to buy and sell cryptocurrencies across the toneel. However, a loterijlot of companies also suffer from DDoS attacks, or that is what they optie, at least. Below are some exchanges who suffered from latest DDoS attacks.
The past year and a half have bot packed with finta a few roadblocks for the Bitfinex exchange. The company wasgoed hacked and witnessed overheen the US$70m worth of Bitcoin getting stolen. Moreover, Bitfinex sometimes faces a DDoS attack which slows down services or makes the toneelpodium downright inaccessible. One of those attacks took place ter February of 2018, and it caused issues for users for fairly some time. Both the front-end and API access were all impacted by this “severe” attack.
Bitcoin and other cryptocurrencies have seen incredible growth ter popularity overheen the years. This is especially true ter India, where request for Bitcoin proceeds to grow. Te December of 2018, the Indian exchange podium wasgoed succesnummer by a major DDoS attack, shutting down the webstek, mobile app, and API altogether. It took a few hours of work to get everything ter order again, but services were resumed pretty quickly, all things considered.
One of the oldest Bitcoin exchanges is known spil BTC-E . The popularity of this toneel is not on par with most other trading platforms, but it is still often used by cryptocurrency enthusiasts. One week prior to the Coinsecure DDoS attack, BTC-E suffered from a similar fate. The webstek wasgoed inaccessible for finta some time, albeit the company successfully enhanced its DDoS mitigation countermeasures. Everzwijn since that time, the podium has not bot targeted again by the look of things.
Larger exchanges are more prone to attracting the wrong kleintje of people. kraken, one of the world’s fattest exchanges, has seen its fair share of DDoS attacks overheen the years. One such attack took place about three weeks ago, forcing the webpagina and API offline. Unluckily, a loterijlot of traders were affected by this outage, spil margin orders were closed without users being able to make switches. Margin trading across centralized platforms is always a risk, however.
The service provided by Poloniex has degraded fairly a bit thesis past few months. For some unknown reason, the toneel is incapable of dealing with their alleged user growth. Spil a result, the available infrastructure gets flooded during times of powerful trading, and the company often blames this on “DDoS” attacks. Enhanced user growth and DDoS attacks are not the same thing, yet it is overduidelijk Poloniex simply can’t keep up with traders.
This string of “DDoS” attacks has caused fairly a few issues for people who use the verhoging. Margin traders have lost a fair chunk of money thesis past few weeks. Moreover, it seems the company is fighting with deposit and withdrawal delays since a few weeks spil well. It is unclear if this situation can improve, but for the company’s sake, wij can only hope they pick up the tempo a bit.
If you liked this article, go after us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.