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.
cant withdraw. wth? tried 100 times. pic.twitter.com/GMpek6hocG
— frustrated (@somestupidw) December 12, 2017
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.
We are currently under heavy DDOS. API is also down. We are working on further mitigation.
— Bitfinex (@bitfinex) December 12, 2017
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 has been under significant denial-of-service attack for the past several days. The attack has recently worsened. Please monitor https://t.co/u3pYCWdhHY for ongoing updates.
— Bitfinex (@bitfinex) December 7, 2017
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.
pw doesn't work, reset doesn't work…waiting for my iota all day……. this isn't nice…..
— marcel s (@Junglist86_BS) December 12, 2017
Meanwhile, coinbase is also down and users are reporting all sorts of problems.
Figure your shit out Coinbase dear godddddd
— Scott Colon (@semi_colon_12) December 12, 2017
— Tony Rizzo (@Rizzy_OnUrb) December 12, 2017
@CoinbaseSupport withdrew $7k and it should have arrived in my bank account today. It didn’t. So today, I withdrew $5750 using the bank wire option. Before I confirmed it said it would be in account today. Those funds did not arrive.
— Noah Prewett (@Ranchlife81) December 12, 2017
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