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DDOS strikes BitCoin exchange Mt.Gox

posted onApril 22, 2013
by l33tdawg

Bitcoin exchange Mt.Gox has been attacked and its servers briefly taken offline.

The service confirmed the attack at 2:00 AM Japan time on April 22nd, posting a tweet to warn users of the outage.

The Facebook post in the tweet describes the incident as a “Layer 7 Ddos” and promises a statement about the incident “later today”. That statement is yet to materialise, but the site was working at the time of writing. It's service was reportedly throttled, and users in Bitcoin forums report slow transaction-processing service. Mt.Gox says those queues, which have reached more than 20,000 transactions, can be attributed to limits placed on it by its banks.

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