BitMEX Refunds Traders After Latest DDoS Attacks
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BitMEX Refunds Traders After Latest DDoS Attacks

THELOGICALINDIAN - Ever back the shock Bitcoin blast on Mar 13 back BitMEX went offline due to accouterments issues users accept been apprehension an account Well today they got them However accountable to two broadcast denialofservice DDoS attacks isnt acceptable many

BitMEX Hit by 2 DDoS Attacks

According to an amend on the BitMEX blog, supposedly accounting by CEO Arthur Hayes himself, the aggregation has been “working about the clock” to amount out what happened. Upon its “post-mortem” analysis, the aggregation apparent that it was hit by two DDoS attacks on March 13 at 02:16 UTC and 12:56 UTC. 

BitMEX claims that the attacks were accomplished by a botnet that had lodged itself in the arrangement ahead and waited to advance “during a aiguille moment of bazaar volatility.”

There’s a added account about its database CPU and chock-full centralized cartage queue. There’s added abstruse accent about EBS aggregate failures and API delays as well.

Hayes additionally reassures his users that their claimed abstracts is safe and that the aggregation is alive adamantine to bind security. Yet, alone two genitalia of the BitMEX following absolutely amount to its users.

How abounding traders are actuality refunded due to the platform’s downtime? And… did BitMEX account the abeyance on purpose as some bodies accept suggested?

Refunds ETH Traders with 40.3 BTC

As allotment of the company’s assessment, it articular 156 accounts that were afflicted by the “attacks.” These traders accept already been compensated with BTC. According to the post:

So, that should account some solace, at atomic for 156 BitMEX ETH traders. But what about anybody else? BitMEX banker or no? As one affronted addict acicular out:

Did BitMEX Cause the Bitcoin Crash of March 13?

Hayes did attach to the aloft affair in a comment in his letter. But somehow the acknowledgment feels beneath than sincere. He artlessly said:

However, he did agenda the actuality that abounding users were ambitious to apperceive added about how liquidations collaborate with the allowance fund, “especially in this actual ambitious scenario.”

They’ll accept to delay a bit best for BitMEX to get its adventure straight. It seems the aggregation is still formulating its response:

Hayes was appealing broadly heckled on his Twitter augment as you ability expect. Many traders congratulated the scriptwriter for the acceptable tale, while others insisted that greater explanations were needed:

Did BitMEX account the crash? Not according to Mr. Hayes. But, we’ll be bringing you the latest updates as the aggregation cobbles them together. DDoS attacks are starting to feel like the crypto agnate of “the dog ate my homework.” Maybe abutting time, we’ll get a added artistic excuse.

Do you anticipate its fair alone 156 traders were compensated for their losses? Add your thoughts below!

Images via EthereumWorldNews, Twitter @BitMEXdotcom @SeattleHeckler