Topic: Cryptsy and Kraken Targeted with Extreme DDoS Attacks - page 2. (Read 1135 times)

Im happy with kraken, i know who runs the exchange, i know roger ver is an investor.  I know they done an audit.   I dont think its impossible they have a "problem" but its less likely and i only have a small amount in the exchange anyway.

Exchange collapse and lax security and trust protocols unfortunately come hand in hand.
As long as exchanges remain centralized in some form and not entirely decentralized sites can run away with a users funds.
Gox, Vircurrex, Bitfunder, Mintpal, Cryptsy the list goes on.

A new mintpal, a new mt.gox, a new scam... this is what cryptsy is going to be. I don't know if decentralized exchanges are the answer but we need a shift in the paradigm. We can't deny the usage of exchanges: we need almost bulletproof ones!
We have the most secure coin and we need the most secure exchanges

"Because of the progressing DDoS assaults, Cryptsy clients may encounter trouble in pulling back assets from their cryptocurrency accounts."

Seems legit , Cryptsy didn't allow their clients to withdraw since long time ago so it has nothing to do with their current DDOS attack (if there is any) . They will try to make a better scenario then Mt.gox and run away with clients funds if you ask me .
and if it's actually true (that a DDOS attack is happening) then I can't say I feel sorry about those people because I don't , and for what comes to the clients ... they couldn't take their funds before , so this changes nothing for them .

Cryptsy, a Belize-based cryptocurrency and bitcoin subordinates trade has been experiencing a progression of great dissent of administration (DDoS) assaults, that have successfully handicapped the site and bitcoin wallets since November 22.

"Because of a server disappointment all wallets are stopped. Will have them back online as fast as could be allowed. Site disconnected from the net because of foreswearing of administration assault. We are attempting to moderate," declared the Cryptsy group.

In the course of recent weeks, noticeable bitcoin trades and installment handling stage including Kraken and OKCoin have been focused with DDoS assaults of comparable extent, briefly impairing bitcoin records and withdrawals amid the late bitcoin value surge.

"Association issue was because of DDoS yet ought to be determined at this point. Said "some" before in light of the fact that uncertain of the degree around then. The DDoS is progressing yet most ought to have admittance now. Statements of regret – this was an expansive assault and took more time to relieve," said Kraken at the time.

As per the declaration of Kraken on the other hand, the mysterious hacking gathering behind the DDoS assault is by all accounts the same association which focused on encoded mail administration supplier Protonmail on November 6.

"The site is under DDoS right now. Blackmail letter got. Clearly, not paying. If you don't mind hold on for us," reported Kraken.

Dissimilar to Kraken, Protonmail and other Switzerland-based tech firms and bitcoin new businesses have effectively paid a little measure of bitcoins to the programmers to ask for a prompt end of DDoS assaults. In any case, the association kept on dispatching extensive DDoS assaults, constraining Protonmail and other tech examination gatherings to dispatch a community examination with universal law authorization and Swiss law organizations to unwind the countenances behind the digital wrongdoing.

"We have been working with the Swiss Governmental Computer Emergency Response Team (GovCERT), the Cybercrime Coordination Unit Switzerland (CYCO), as a major aspect of a progressing criminal examination being led here in Switzerland and with the help of Europol," said the Protonmail group.

At present, Cryptsy and Kraken are relieving the assault and enhancing its insurance against DDoS assaults through cutting edge efforts to establish safety and conventions.

As indicated by is "it down at this moment" be that as it may, the Cryptsy trade stage was closed down for around 4 straight hours since 01:57 AM to 6:15 AM.

Because of the progressing DDoS assaults, Cryptsy clients may encounter trouble in pulling back assets from their cryptocurrency accounts.

This is a creating story and newsBTC will keep on upgrading as we get new date.

Royal Macro