Major bitcoin exchanges hit by cyberattacks as record rally makes them a target
From CNBC
At least two major bitcoin exchanges reported cyberattacks this week.Read more: http://www.cnbc.com/2017/06/14/major-bitcoin-exchanges-hit-by-cyberattacks-as-record-rally-makes-them-a-target.htmlThe attacks were 'denial-of-service' in nature and did not affect clients' funds.
Bitcoin briefly more than tripled for the year when it topped $3,000 last weekend.
Multiple cyberattacks on major bitcoin exchanges this week highlight the many challenges for the young digital currency world.
A surge in investor interest also overwhelmed major bitcoin websites, while record-breaking levels of fundraising for new digital currencies add to worries that the largely unregulated cryptocurrency industry will be unable to manage the hype.
"Investors with assets on centralized cryptocurrency exchanges should be careful. The track records of these organizations are not good, and as the assets on the exchanges grow, so does the bounty for attacking or hacking them," said Benjamin Roberts, co-founder and CEO of Citizen Hex, a digital currency trading start-up backed by three Canadian venture funds.
Cyberattacks
Bitfinex, the largest U.S. dollar-based bitcoin exchange, said on its status website Wednesday morning that its platform was under distributed denial-of-service attacks, or DDoS, that attempts to paralyze a system with a flood of information.
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Big boys might want to take some extra precautions!
I wouldn't call them 'major' exchanges. I expect Polo and Bittrex have better protection
They are major exchanges though, even if you don't call them that.
I have full confidence in Bitfinex after the fall he had after the millionaire attack was able to go ahead and even the moments on foot gives much to talk about, and another house would have gone without giving the face to its users
I don't think CNBC is trustworthy at all.
I guess it's just to keep people away, so banks can invest big time, before they let all others in ^^
i may be wrong
even if the event is true (what i believe), you'll never know who's behind
So you don't believe there were any DDOS attacks?
oh i absolutely do
the question you should ask is WHY
if you know WHY then u know WHO :-)
Interesting your post, thanks for the information
Bitcoin is a trend, And hasn't rival in the market ;)
yea I trade on YoBit and they have had lots of DDoS attacks lately. Actually my signup experience was during a big one and my first impression was 'wow this site is insanely laggy' turns out it was under attack
Something you always have to keep in the back of your mind when keeping crypto on exchanges. I have a trading amount I hold on exhange, rest is either SP or has been cashed out to USD.
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