Monday, July 13, 2015

Bitcoin Exchange OKCoin Withstands DDOS Attacks; Will Compensate Users And Improve Defenses

OKCoin's anti-hacking system was put the test recently when a distributed denial of service (DDOS) attack prevented some users from accessing its platform for a period of time. The digital currency exchange has posted an explanation of the July 10 attack and the actions it took to minimize the damage on its website. It has created a fund to compensate users for losses caused by the attack and has also pledged to increase its investment in countering DDOS and CC attacks. “While no internet service can 100% guarantee it is immune from the effects of DDOS and CC attacks, we […]

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