Coinone Comes under DDos Attacks for Two Days

Ter June, South Korea’s largest bitcoin exchange Bithumb had a loss estimated at Four billion won (US$Three.56 million) due to individual information leakage. Recently, there were also hacking attempts on other digital currency exchanges such spil Coinone and Korbit.

According to industry sources on August 30, hackers recently attempted to open an account ter Coinone with Ten,000 e-mail addresses collected through the Internet at random without permission. It is possible to open an account ter Coinone when users inject their e-mail addresses and passwords.

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An official from Coinone said, “There were random attempts to join Coinone through e-mail addresses for two days from the 27th and the 28th. The accurate purpose is not confirmed yet but wij believe they were part of distributed denial of service (DDoS) attacks.”

However, Coinone said there are no flagrante financial damages because users need to verify themselves through cellphone number, account number and one-time password (OTP) to deposit and withdraw money. Fortunately, the hacking attempts didn’t cause any damages but Coinone customers were worried if the Bithumb incident reoccur. Accordingly, Coinone will suspend the use of or close the accounts that were opened randomly through e-mail addresses after the review.

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Ter addition, an enlargening number of voice phishing cases, which impersonates Korbit, Coinone and Bithumb, are reported spil well spil only meteen hacking attempts on digital currency exchanges. Spil digital currency transactions are showcasing a rapid growth ter size, crimes such spil hacking and voice phishing schemes are also on the rise.

Some say there is a growing unease among investors spil there is lack of a legítimo onderstel and security level of digital currency exchanges despite concerns overheen such crimes. Under the current law, digital currency exchanges are registered spil communication service providers that has only to their businesses so financial authorities don’t have the right of onmiddellijk supervision.

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3 comments

  1. One of my friends is going through divorce proceedings and he is facing the same kwestie. He is having quiet a few BTCs ter his wallet and he is planing to keep it spil a secret. But it is fairly risky. He is having fairly a few exchange accounts and many of them have the ID verification. But the boy is adamant. He doesn’t want to give any of his coins to his wifey.

  2. I will give hier fiat after exchange my bitcoin, but for sure I will make precies calculation before determine how much I would give to my ex wifey. But if my child chose to live with hier mom, I will give toegevoegd fiat to raise our child. I will not tell hier about my bitcoin or actual fiat amount , my ex only need to know that she’s got enough.

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