Bitfinex targeted by DDoS attack, hours after OKEx

Bitfinex targeted by DDoS attack, hours after OKEx

Bitfinex has just announced that it is investigating what seems to be a DDoS attack. The apparent DDoS [Distributed Denial of Service] attack on Bitfinex comes 24 hours after OKEx faced the same kind of attack. This could perhaps be the first attempt to compromise exchanges in 2020.

The same was announced by Bitfinex in a tweet which said,

We are investigating what seems like a distributed denial-of-service (DDoS) attack. We will keep everyone updated on here and our status page https://t.co/u3pYCVVGQq as we know more. — Bitfinex (@bitfinex) February 28, 2020

 

The exchange’s status page, at the time of writing, showed that the exchange was down and that trading had been halted. The attack on Bitfinex comes hours after OKEx, a Malta-based cryptocurrency exchange, was also targeted by a DDoS attack.

Such an attack contributed to some staggering claims emerging from the likes of Jay Hao, CEO of OKEx, who on Weibo claimed that the perpetrator is one of OKEx’s competitors who “could not compete with OKEx’s competitive products and technologies.”

He went on to add that the OKEx team “is on duty 24 hours a day and completed the anti-D traffic switching in minutes.”  The following image posted by Hao shows a spike in traffic.

Hao also clarified in the comment section that the attack will have “little impact” on the trading platform.

AMBCrypto has reached out to representatives of Bitfinex and OKEx for a comment on the matter. The article will be updated accordingly. 

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