The head of Binance reported that today the "competitors" carried out targeted DDoS attacks on the platform in his Twitter.
Earlier today, our Chinese domains experienced targeted DDoS attacks, and users saw some lag and interruption of network access.
— CZ Binance 🔶🔶🔶 (@cz_binance) April 29, 2020
Based on the attack pattern, it looks like work of our self-perceived competitors.
No need to be concerned. Systems are fine. Funds are #SAFU.
Recently, the BitMEX crypto derivatives exchange said that the malfunction of the exchange on March 12 (against the backdrop of a market collapse) was also caused by DDoS attacks.
Trending: Finder: Bitcoin could hit $80,000 by 2025
In February, OKEx and Bitfinex crypto-exchanges were simultaneously subjected to DDoS attacks.
At that time, Bitfinex Technical Director Paolo Ardoino said: “We saw that the attacker had carried out thorough training. The good news is that this attack family will no longer work against Bitfinex.”