iBankCoin
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Joined Oct 24, 2016
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Massive DDOS Attack Cripples Bitcoin Exchanges, Again

 

Hackers are hitting the world’s second largest bitcoin exchange with a large DDOS (distributed denial of service) attack, crippling the network and preventing users from accessing their accounts – while wallet-provider Coinbase’s website showed “service unavailable” early Tuesday.

Bitfinex, one of the world’s largest bitcoin exchanges said it’s been getting hit, and that the API (application programming interface) is also down in a Tuesday tweet.

At first Bitfinex said the network was simply under heavy load, as the API and phone app were “functioning smoothly,” however that’s since been upgraded to a full DDOS attack.

Last week Bitfinex reported that it had similarly come under a “significant denial-of-service attack for the past several days.”

Bitfinex announced it would stop serving US customers on December 2nd, citing the expense of doing busienss with them. This move was followed by Wells Fargo’s decision earlier in the year to halt their relationship with Bitfinex, through which customers could send digital currency to Bitfinex in Taiwan – along with digital currency Tether.

Meanwhile, coinbase is also down and users are reporting all sorts of problems.

 

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7 comments

  1. duuude

    Attacked by Deep State

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  2. sarcrilege

    Let’s get the usual synagogue suspects at the FED on the phone and ask what might be going on.

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  3. J Adabese (your pen pal)
    J Adabese (your pen pal)

    Yes, my first thought was large banks leading the hack with full oversight by the Fed.

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  4. bob smith

    Wait till people freak out and head for the exits in droves. Prices will drop by 80% in an hour.

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  5. soupbone

    This stuff is in the Model T era of its lifespan. It takes time to evolve.

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  6. bushwacker2

    And… my ETH wallet is up 30% today.

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  7. joyous ending

    Hackers are jealous scum who cannot succeed by normal rules of engagement.
    America needs a secret police force to break down doors of hackers with the same ferocity as we would against Islamic terror.

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    • 0 Deem this to be "Fake News"

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