UK cryptocurrency exchange EXMO suffers another DDoS attack

2021-2-16 13:56

EXMO suffered its second distributed denial-of-service (DDoS) attack in two months and says it is working to bring trading services back online as soon as possible

The UK-based cryptocurrency exchange EXMO has revealed it suffered a second distributed denial-of-service (DDoS) attack in two months. The attack caused the exchange’s servers to go offline, but the admins assured traders they are working on restoring services.

In a tweet yesterday, EXMO revealed hackers targeted the exchange with a DDoS attack. This type of cyber-attack overloads a system with numerous requests from various virus-infected servers.

The exchange said, “Important: DDoS attack on EXMO. Please note the EXMO exchange website is now under the DDoS attack. The servers are temporarily unavailable. We are solving this issue right now. Please stay tuned”.

The attack comes two months after the cryptocurrency exchange reported that hackers stole 6% of its total assets. The hackers stole $10.5 million in Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Tether (USDT) and Zcash (ZEC). Back then, the exchange had said, “Compromised due to the hack amount makes up around 6% of the company’s total assets. We don’t believe it could somehow affect a going concern basis for EXMO”.

The executives later revealed they couldn’t recover all the stolen funds because the hackers had withdrawn $1 million in XRP and $2.8 million in ZEC via the Poloniex exchange.

EXMO is yet to reveal if it suffered losses in the latest attack. The crypto exchange is yet to reveal details regarding the latest attack, but it has affected their stance in the cryptocurrency space. According to Coinmarketcap, EXMO’s total trading volume is down by nearly 5% over the past 24 hours.

Maria Stankevich, chief business development officer of EXMO, assured users the exchange had put in place various protocols to reduce the possibility of a future attack. Ledger’s custody arm is now in charge of cryptocurrency withdrawals on EXMO, and the exchange put in place a bug bounty program to test the platform’s security strength.

EXMO has received a temporary registration status from the UK’s Financial Conduct Authority. The regulatory body had notified all cryptocurrency exchanges operating in the country to register with them to verify that they comply with Anti-Money Laundering regulations.

The post UK cryptocurrency exchange EXMO suffers another DDoS attack appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

EXMO Coin (EXM) на Currencies.ru

$ 0.0092692 (+0.62%)
Объем 24H $24.94k
Изменеия 24h: 0.38 %, 7d: 0.44 %
Cегодня L: $0.0091469 - H: $0.0092692
Капитализация $995.286k Rank 1770
Цена в час новости $ 0.0042456 (118.32%)

attack ddos exmo another cryptocurrency exchange suffers

attack ddos → Результатов: 45


Фото:

Web3 Foundation Awards Grant to Swisscom Blockchain to Secure the Polkadot Network

Swiss Blockchain has been awarded a grant by decentralized internet supporter Web3 Foundation to develop validators for Polkadot. This is in a bid to improve the security of Polkadot’s network by ensuring the availability of full nodes to prevent the possibility of a Distributed Denial of Service (DDoS) attack which is common with Proof-of-Stake on […]

2020-9-11 00:21


Биткоин-биржа Bitfinex заявила о DDoS-атаке

Криптовалютная биржа Bitfinex приостановила работу и сообщила о распределенной сетевой атаке типа «отказ в обслуживании» (DDoS). Приблизительно через 50 минут площадка вернулась в онлайн.

2020-3-1 12:47


Биткоин-биржа Bitfinex заявила о DDoS-атаке (обновлено)

Криптовалютная биржа Bitfinex приостановила работу и сообщила о распределенной сетевой атаке типа «отказ в обслуживании» (DDoS). Приблизительно через 50 минут площадка вернулась в онлайн.

2020-2-28 12:47


Фото:

8chan booted out by Cloudflare after El Paso shooting

Popular website infrastructure and security services provider Cloudflare announced it’s terminating service for 8chan in the wake of deadly terrorist attack in El Paso, Texas over the weekend. The 21-year-old suspect in the Walmart mass shooting, which resulted in the deaths of 20 people, is said to have posted a white nationalist rant on the message board favored by many on the far-right before the attack.

2019-8-5 09:08


Фото:

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54