Crypto exchange Poloniex faces outage due to DDoS attack
Global crypto exchange Poloniex experienced an outage earlier today, and the exchange noted that their services were unavailable due to an ‘unexpected issue’.
The issue was later identified to have been caused due to a Distributed Denial-of-Service (DDoS) attack that began around 06:30 UTC.
Poloniex announced that customer funds were safe, followed by Justin Sun, one of the top investors in crypto exchange’s acquisition last year.
Global crypto exchange Poloniex experienced an outage earlier today, and the exchange noted that their services were unavailable due to an ‘unexpected issue’. The issue was later identified to have been caused due to a Distributed Denial-of-Service (DDoS) attack that began around 06:30 UTC.
Poloniex announced that customer funds were safe, followed by Justin Sun, one of the top investors in crypto exchange’s acquisition last year. According to statements from the exchange’s customer support, the cause of the issue was under investigation for several hours before the issue was identified and disclosed. During this period of maintenance, the exchange was in a post-only mode which meant that matching orders would be rejected.
Learn more about the news here. (https://eng.ambcrypto.com/crypto-exchange-poloniex-faces-outage-due-to-ddos-attack/)