Bitfinex and OKEx Two Suffer DDoS Attacks

News / 28.02.2020

Bitfinex experienced a distributed denial-of-service (DDoS) attack today. The attack rendered its website and services offline in the majority of regions in less than an hour.

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.

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:

Featured image courtesy of Shutterstock. Source: Cryptopress.

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Holds a degree in BSc. Nursing from the University of Cape Coast, Ghana yet an addict to the blockchain technology and the cryptosphere. He combines the promotion of crypto projects and also the making of professional contents all to get innovative projects to the real world. He is a passionate Community manager and a Marketing Advisor for blockchain startups.