UK-Based EXMO Exchange is ‘Updating its Anti-Hack Software’ After Suffering a DDoS Attack

  • U.K based cryptocurrency exchange, EXMO, is updating its anti-DDOS attack software following Monday’s attack on its systems.

EXMO, a leading crypto exchange in Europe, suffered its second attack in less than two months reporting a distributed denial-of-service (DDOS) attack on Monday. The exchange has since started to improve its anti-DDOS attack software, warning users the exchange’s services “may be unavailable” during the update, a tweet sent out today reads.

EXMO announced midday on Monday (local time) that their servers were down due to a DDOS attack. Services on the exchange were temporarily unavailable for hours, as the attack affected the company’s entire infrastructure, a spokesperson said. At the time of writing, the exchange is back up running, but some services have been withheld. The spokesperson further added,

“Now everything is running properly. Unfortunately, with a splash in market activity, which undoubtedly drives a positive change, many negative phenomena are back. DDoS, which we’ve faced, is just one of them.”

DDOS attacks refer to a coordinated malicious effort to disrupt regular traffic to a website. These attacks are becoming more prominent in the crypto industry, with top crypto exchanges such as Binance and BitMEX suffering these attacks recently.

EXMO has been a victim of successive attacks in as many months as hackers stole 6% of the exchange’s crypto assets in December. The hacker made away with $10 million worth of cryptocurrencies, including BTC, ETH, XRP, ZEC, USDT, ETC, during the December heist.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide