Logo

DOSarrest Vulnerability Testing and Optimization
Navigation
  • Home

Cryptocurrency exchange BTC-e resumes operations after DDoS attack

on December 16, 2016 |
DDoS Attack Specialist DDoS Attacks DDoS Defense DDoS Protection Specialist Defend Against DDoS Denial of Service Attack Stop DDoS Attacks

Leading cryptocurrency exchange BTC-e announced on early Thursday morning (around 5:30 am EST) that it was under Distributed Denial of Service (DDoS) attack, CoinTelegraph reported.

The website went offline after the attack and displayed a white page saying “DB connect error”.

The DDoS attack tries to make an online service unavailable by flooding it with traffic from multiple sources. BTC-e soon resolved the issues and was back online within a few hours.

Earlier in January, BTC-e suffered another DDoS attack with its website offline for several hours, CoinTelegraph reported. The startup has been facing such attacks for almost two years now. In February 2014, it also suffered a DDoS attack.

In addition, data breach monitoring service LeakedSource in September revealed that BTC-E.com suffered major hack in 2014. It said that over 500,000 users of BTC-E.com were hacked in October 2014. The data contained usernames, emails, passwords, ip addresses, register dates, languages and some internal data such as how many coins the user had.

The cryptocurrency ecosystem is frequently facing DDoS attacks. In June 2016, BitGo Inc., a leading multi-sig bitcoin wallet provider, announced that it was under Distributed Denial-of-Service (DDoS) attack. Another bitcoin startup Coinkite Inc. decided to close its secure wallet service this year due to never ending DDoS attacks.

Source: http://www.econotimes.com/Cryptocurrency-exchange-BTC-e-resumes-operations-after-DDoS-attack-454313

Share this story:
  • tweet

Recent Posts

  • Link11 Discovers Record Number of DDoS Attacks in First Half of 2021

    July 15, 2021 - 0 Comment
  • A New Wave of DDoS Extortion Campaigns by Fancy Lazarus

    June 16, 2021 - 0 Comment
  • ‘Fancy Lazarus’ Cyberattackers Ramp up Ransom DDoS Efforts

    June 12, 2021 - 0 Comment
Comments are closed.
DOSarrest ad

Keep updated with the latest DDoS Attacks

RSSSubscribe
  • Home
  • Latest News
  • Contact
  • Sitemap
© Copyright 2013. All Rights Reserved. Web Development by: 6folds Marketing