July 22, 2024

Exchanges Bitfinex and OKEx have suffered from several DDoS attacks in the last day

Exchanges Bitfinex and OKEx have suffered from several DDoS attacks in the last day

Two large cryptocurrency exchanges reported a number of large DDoS attacks that led to malfunctions in their work over the past 24 hours.

Jay Hao OKEx CEO said forday the exchange was immediately subjected to two attacks of distributed denial of service, the size of the first was 200 GB, and the second time reached 400 GB. However, the technical service claims that the platform systems were practically not affected, and there were no malfunctions.

The attacks on Bitfinex were likely more serious because the exchange's services were unavailable for some time today due toserver overload. It took about an hour to restore their performance. According to Bitfinex Technical Director Paulo Ardoino, the user’s funds were not affected, and as a result of the team’s coordinated work, the negative impact of a well-organized attack was quickly eliminated.

However, the goals of the hackers and the reasons why these two large crypto-exchanges were subjected to large DDoS attacks are still unknown.

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