Currency.com Platform Averts Russian (DDoS) Cyber Attack
Categories: Crypto News UK
Currency.com announced that the crypto trading platform suffered a massive cyberattack attempt after stopping its operations in Russia last week.In an April 12 press release, the platform revealed that it encountered a failed distributed denial of service (DDoS) cyber-attack. In addition, it emphasized that the attack was unsuccessful and that all user accounts and data were safe.
In a DDoS attack, the hackers bomb a platform with multiple requests for its services, thus hitting its infrastructure. Recently, Ukraine President Volodymyr Zelensky said that Russian hackers targeted the country’s finance sector and defense ministry with DDoS attacks.
Currency.com was the first crypto trading platform to pull out from Russia amid the invasion of Ukraine. Other well-known crypto exchanges like Binance and Coinbase decided to continue operations in Russia, only halting services for sanctioned individuals and entities.
Meanwhile, Prokopenya assured that the customer support team of his crypto platform was bombed with harsh calls and death threats after the platform decided to suspend its Russian operations. Afterward came the cyberattack attempt.Moreover, he said that Currency.com had encountered attempts of cyberattacks before, but it was ten times more intense this time.