![\"Bitcoin](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/06\/Bitcoin-Bitfenix-attack.png\")
<\/a><\/p>\nBitfinex, one of the largest cryptocurrency exchanges, said it has resumed normal operations after suffering a so-called denial-of-service attack earlier.<\/p>\n
\u201cThe Bitfinex exchange was the target of a Distributed Denial of Service (DDoS) attack this morning,\u201d Kasper Rasmussen, head of marketing, said in an e-mailed statement. \u201cThe exchange was offline for an hour following the DDoS attack; however, the exchange is back online now. The attack only impacted trading operations, and user accounts and their associated funds\/account balances were not at risk at any point during the attack.\u201d<\/p>\n
Bitcoin touched a low for the day, dropping as much as 2.2 percent to $7,360, as the attack prevented users from accessing the exchange. The largest cryptocurrency reversed losses and is now gaining less than 1 percent.<\/p>\n
The exchange suffered multiple DDoS attacks late last year. In August 2016, the exchange said it was hacked for a loss of $68 million. The British Virgin Islands-based company had been down as it went through \u201cunplanned maintenance\u201d earlier.<\/p>\n
Bitfinex, one of the largest cryptocurrency exchanges, said it has resumed normal operations after suffering a so-called denial-of-service attack earlier.<\/p>\n","protected":false},"author":341034,"featured_media":249489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[51447,47264,51449],"class_list":["post-263511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitfinex","tag-cryptocurrency-exchange","tag-ddos-attack"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/263511"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=263511"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/263511\/revisions"}],"predecessor-version":[{"id":263517,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/263511\/revisions\/263517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/249489"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=263511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=263511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=263511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/p>\nNow read:\u00a0South African Reserve Bank blockchain project a huge success<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"