The largest Bitcoin exchange Mt. Gox under DDoS attack - owners suspect that attackers want to provoke panic
Exchange Mt. Gox, on which 80% of all exchange operations in a pair of USD-BTC and 70% of the total Bitcoin trade in the world are carried out, underwent a powerful DDoS attack on the morning of April 4. Many traders are faced with delays in conducting transactions or could not enter the site at all.
Representatives of Mt. Gox believe that the attack was organized in order to provoke a panic in the market and thereby bring down the course of Bitcoin, and then buy a large amount of bitcoins for cheap. The cryptocurrency is now growing at an unprecedented pace and is already trading at 130 - 140 dollars for one "coin". The number of registrations of new traders on the exchange has also increased dramatically - if last year about 10,000 new users were registered on MtGox.com, then in March there were already 60,000.
The market situation is reminiscent of the summer of 2011 - the time of the first surge in interest of the general public to Bitcoin. Then the course for a couple of months rose from $ 5 to $ 30, and then collapsed below 3. Today, some analysts associate a new round of interest in cryptocurrency with the financial crisis in Cyprus, which stirs interest in alternative methods of storing savings.
In Mt. Gox says that now the programmers of the exchange are busy with the capital processing of the service, the essence of which is in the complete separation of the trading platform itself and the web interface. This will reliably protect the core of the system from similar attacks in the future. It is still unknown when exactly the transition to the new backend will occur.
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Source - Computerworld .
Representatives of Mt. Gox believe that the attack was organized in order to provoke a panic in the market and thereby bring down the course of Bitcoin, and then buy a large amount of bitcoins for cheap. The cryptocurrency is now growing at an unprecedented pace and is already trading at 130 - 140 dollars for one "coin". The number of registrations of new traders on the exchange has also increased dramatically - if last year about 10,000 new users were registered on MtGox.com, then in March there were already 60,000.
The market situation is reminiscent of the summer of 2011 - the time of the first surge in interest of the general public to Bitcoin. Then the course for a couple of months rose from $ 5 to $ 30, and then collapsed below 3. Today, some analysts associate a new round of interest in cryptocurrency with the financial crisis in Cyprus, which stirs interest in alternative methods of storing savings.
In Mt. Gox says that now the programmers of the exchange are busy with the capital processing of the service, the essence of which is in the complete separation of the trading platform itself and the web interface. This will reliably protect the core of the system from similar attacks in the future. It is still unknown when exactly the transition to the new backend will occur.
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Source - Computerworld .
Source: https://habr.com/ru/post/175447/
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