Bitfinex and OKEx Two Suffer DDoS Attacks
According to the Exchange, services on its platform have resumed and it has established a more robust protection level due to a Distributed Denial-of-Service (DDoS) attack.
Services on the Bitfinex platform have resumed. We implemented a stricter protection level as a result of our platform coming under a Distributed Denial-of-Service (DDoS) attack. All issues relating to the DDoS attack have now been resolved.
— Bitfinex (@bitfinex) February 28, 2020
However, there was downtime while Bitfinex claimed to utilize intelligent load balancing and failover routing among servers to increase performance, together with Cloudflare’s DDoS mitigation services. It shows that the individuals who performed the attack hit the exchange with intense bandwidth.
Within the previous day, OKEx likewise experienced a similar attack that made its website go offline for several hours. The exchange’s team solved the problem through some improvements to its platform.
In a recent Weibo post, OKEx’s CEO Jay Hao noted that the source of the traffic that caused the attack seems to be from Kazakhstan and could be sponsored by a competitor.
According to Hao:
“OKEx Global Technology Department is on duty 24 hours a day, and completes the anti-D traffic switching in minutes.”
Bitfinex’s CTO, Paulo Ardoino, tweeted about the attack against OKEx:
I was not aware of the attack against OKEx yesterday. I'm interested to understand similarities.
We've seen a level of sophistication that means a deep preparation from the attacker.
— Paolo Ardoino (@paoloardoino) February 28, 2020
Featured image courtesy of Shutterstock. Source: Cryptopress.