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Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 195. (Read 628889 times)

member
Activity: 102
Merit: 10

Dargo,

Scary stuff.
My observation from the last 3 hours is, that as long the price is moving *not close* to any important trend line, the site is accessible. But, at the very moment when the price moves very close to an important trend line (possible breakout expected), site becomes inaccessible or as I am logged in already it stoppes responing at all. - this happened the last 3 hour every single time for such a case.  So the last 3 hours wasn't any breakout or huge price move, and the site became accessible again.
But during my trading yesterday, once  larger price moves happened, it was impossible to perform any action until about 5 -10 minutes after heavy price movements had stopped.
It's obvious that this didn't help me to prevent losses or take profits.

The scary part is, that it really happened every single time. So the attackers clearly seem to know what they are doing.
Anyone else observing similar things ?


As I mentioned before, this may be due to increased trade action under those circumstances rather than increased level of attack under those circumstances. With the heavy increase in traffic, some legit, some not, our systems are under heavy load and part of the solution we are working on is a system upgrade. 


All right I get it.
However, once action happens, trading on the website like placing/cancelling orders is not possible for me.
Good to know you are working on a system upgrade.


sr. member
Activity: 316
Merit: 250
website unavailable again

should change that to useless  Grin

no honestly, this is stooopid
hero member
Activity: 1276
Merit: 622
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't?

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped.

Sure, if the attackers are trading on our exchange, then they wouldn't be relying on having access while access is limited. But that doesn't mean that there's no way for them to profit from it. They might be trying to initiate a market crash so they can pick up cheaper coins later, or they might open a short position beforehand looking to close it later after the crash. The market can still move during an attack, because DDoS doesn't usually take down servers - it constrains the access to those servers and different people may experience different levels of access. Some may have no access while others just find that the site is slow for them. It can also happen that people aren't able to login and trade on our platform, but the API is still working. So people can have different levels of access, but there's no group with privileged access.

I should emphasize that we don't know if the attackers are trading on our exchange, only that they could be. It may even be that the attacks are not intended to manipulate price. Maybe the attackers have some other motive, but this seems less likely.  

One word: Incapsula
legendary
Activity: 1820
Merit: 1000

Dargo,

Scary stuff.
My observation from the last 3 hours is, that as long the price is moving *not close* to any important trend line, the site is accessible. But, at the very moment when the price moves very close to an important trend line (possible breakout expected), site becomes inaccessible or as I am logged in already it stoppes responing at all. - this happened the last 3 hour every single time for such a case.  So the last 3 hours wasn't any breakout or huge price move, and the site became accessible again.
But during my trading yesterday, once  larger price moves happened, it was impossible to perform any action until about 5 -10 minutes after heavy price movements had stopped.
It's obvious that this didn't help me to prevent losses or take profits.

The scary part is, that it really happened every single time. So the attackers clearly seem to know what they are doing.
Anyone else observing similar things ?


As I mentioned before, this may be due to increased trade action under those circumstances rather than increased level of attack under those circumstances. With the heavy increase in traffic, some legit, some not, our systems are under heavy load and part of the solution we are working on is a system upgrade. 
legendary
Activity: 1820
Merit: 1000
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't?

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped.

Sure, if the attackers are trading on our exchange, then they wouldn't be relying on having access while access is limited. But that doesn't mean that there's no way for them to profit from it. They might be trying to initiate a market crash so they can pick up cheaper coins later, or they might open a short position beforehand looking to close it later after the crash. The market can still move during an attack, because DDoS doesn't usually take down servers - it constrains the access to those servers and different people may experience different levels of access. Some may have no access while others just find that the site is slow for them. It can also happen that people aren't able to login and trade on our platform, but the API is still working. So people can have different levels of access, but there's no group with privileged access.

I should emphasize that we don't know if the attackers are trading on our exchange, only that they could be. It may even be that the attacks are not intended to manipulate price. Maybe the attackers have some other motive, but this seems less likely.  
member
Activity: 102
Merit: 10
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't?

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped.



Dargo,

Scary stuff.
My observation from the last 3 hours is, that as long the price is moving *not close* to any important trend line, the site is accessible. But, at the very moment when the price moves very close to an important trend line (possible breakout expected), site becomes inaccessible or as I am logged in already it stoppes responing at all. - this happened the last 3 hour every single time for such a case.  So the last 3 hours wasn't any breakout or huge price move, and the site became accessible again.
But during my trading yesterday, once  larger price moves happened, it was impossible to perform any action until about 5 -10 minutes after heavy price movements had stopped.
It's obvious that this didn't help me to prevent losses or take profits.

The scary part is, that it really happened every single time. So the attackers clearly seem to know what they are doing.
Anyone else observing similar things ?



sr. member
Activity: 316
Merit: 250
action starts, and kraken goes belly up  Grin

bad habit for a business
legendary
Activity: 1820
Merit: 1000
Dargo can you please check request 65457. It`s very urgent. Thanks a lot!


I've alerted support to your request and they will respond as soon as they can.
legendary
Activity: 1820
Merit: 1000
Dargo. Please check request 65448. Thank you.

I've alerted support to your request and they will respond as soon as they can.
newbie
Activity: 25
Merit: 1
Dargo can you please check request 65457. It`s very urgent. Thanks a lot!
sr. member
Activity: 442
Merit: 250
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't?

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped.

The same moment that happened to them, they should stop the trading. Many got margin called, while they were unable to close the positions because their site was unavailable!
legendary
Activity: 3431
Merit: 1233
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't?

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped.
sr. member
Activity: 442
Merit: 250
Dargo. Please check request 65448. Thank you.
legendary
Activity: 1820
Merit: 1000
Hi All,

We've been under DDoS all day (since about 5 am PDT). We managed to mitigate it pretty well but it never went away, has varied in intensity, and still impacts site performance. Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation. Also, heavy trade action puts more load on our resources and, when we're also under DDoS, could contribute to the site being less responsive.

So, yes, there's a correlation right now between site access/performance and heavy price action. I'm not sure why people think this correlation is reason to question the DDoS explanation because the explanation fits perfectly well. Sure, there are other explanations that fit too, and ultimately we can't prove to you that it's in fact DDoS and not something else. I understand why people are inclined to distrust exchanges though in light of history.

We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.

As I already mentioned, we will also further enhance our DDoS protection. But DDoS protection only comes in degrees, so making it stronger can't rule out the possibility of being impacted by a larger attack.

 
member
Activity: 102
Merit: 10

I don't believe there are DDoS attacks. The 'DDoS' attacks, as Serpens66 pointed out, always coincide with strong price movements. Kraken's customers can't take advantage of obvious trading and arbitrage opportunities. Usually this is unmistakable sign of insider manipulating profit taking and margin liquidation price levels.

No way that Kraken would risk doing just that. (IMO)
Plenty of other possible bottlenecks "could" play a part  (just brainstorming here) :
Just to name a few:
- server/hardware configuration/setup (tweaking/upgrade needed?)
- database processes handling (tweaking needed?)
- general coding (rewriting parts of code to use resources more effective - that takes long but often makes the difference)
- Cloudflaire protection filter tuning (balancing between fastest possible access of clean traffic while malicious traffic gets blocked)
etc etc.





(edited for wording)
member
Activity: 102
Merit: 10
the DDOS starts exactly to the moment of the big price movement?? (right now)

I experience the exact same behavior. Once price movement gets heavy, it starts lagging and then ... site becomes inaccessible.
After heavy price movement is over, site becomes accessible again.
And exactly this lets many of us think twice about the officially reason given (DDoS).
Whatever it is, I am sure tech staff is working to resolve it. Why? Because it's a normal thing to do for professional folks at Kraken.
After all, Kraken's reputation is at stake here.

Problems happen, but it's the way how to deal with / solve them, which sets a company apart from the rest.


Release the Kraken ! Smiley
Cheers
sr. member
Activity: 442
Merit: 250
legendary
Activity: 3431
Merit: 1233
the DDOS starts exactly to the moment of the big price movement?? (right now)

That is exactly what I pointed out too:
It seems like you guys at Kraken can't handle the volume lately...

However, Kraken claims that the trade volume and this problem are not related.
I am not sure what to believe.
I don't believe there are DDoS atacks. The 'DDoS' attacks, as Serpens66 pointed out, always coincide with strong price movements. Kraken's customers can't take advantage of obvious trading and arbitrage opportunities. Usually this is unmistakable sign of insider manipulating profit taking and margin liquidation price levels.
hero member
Activity: 854
Merit: 503
Legendary trader
the DDOS starts exactly to the moment of the big price movement?? (right now)

That is exactly what I pointed out too:
It seems like you guys at Kraken can't handle the volume lately...

However, Kraken claims that the trade volume and this problem are not related.
I am not sure what to believe.
legendary
Activity: 2940
Merit: 1131
the DDOS starts exactly to the moment of the big price movement?? (right now)
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