UK Crypto Exchange EXMO Offline Amid DDoS Attack
The exchange said it's working to bring services back online following the attack.
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Cryptocurrency exchange EXMO is down at press time, with the company saying it was hit by a distributed denial-of-service (DDoS) attack.
- The U.K.-based exchange tweeted around 13:00 UTC Monday that its servers are temporarily unavailable owing to the attack and that it's "solving this issue."
- Several hours later, work to get the site back online still seems to be ongoing.
- A DDoS attack occurs when an online service is hit with massive volumes of traffic in order to slow or halt its operations.
- The attack comes less than two months after EXMO lost nearly 6% of its crypto assets in a security breach on Dec. 21, 2020.
See also: Bitcoin.org Briefly Shut Down by Denial of Service Attack; Bitcoin Not Affected
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
