Bitfinex is under DDoS-attack

The leader of cryptocurrency exchange Bitfinex reported about attack in Twitter
04 December 2017   580

On December 4, one of the largest exchanges the Bitfinex was under the DDoS-attack again. This was reported in a its official Twitter account. Also there it is indicated that they are working on the problem to restore users access to the site.

Originally it was published a message that the site is under very high load. After about half an hour they reported that the attack was over, and the stock exchange came back to normal.

It is noteworthy that earlier, on November 26, Bitfinex had already undergone such type of attack. Other exchanges are also regularly subjected to DDoS-attacks.

ING Bank Confirmed Bitfinex Account Support

Wells Fargo had ended dealings with exchange last year and U.S. regulator said to send subpoenas to Bitfinex on Dec. 6
21 February 2018   225

Bitfinex, a large crypto-currency exchange that was in the spotlight of US regulators late last year, opened an account with ING after Wells Fargo refused to service it last year. This is reported by Bloomberg News.

ING spokesman Harold Reusken confirmed that Bitfinex is a client of the bank. He refused to go into details of their relationship, referring to the confidentiality of information, while specifying that the bank adheres to special practices regarding transactions related to crypto-currencies. Reusken did not say anything about Tether, which is connected with the Bitfinex issuer of USDT tokens, which causes a lot of questions in the crypto-currency community. Earlier, BitMEX researchers concluded that Tether money can be kept in Puerto Rico.

With companies that are active in the crypto market we are very reserved. Not with companies that are in traditional markets and receive or do payments with cryptocurrencies, but with parties that are in the chain of cryptocurrencies.
 

Harold Reusken

Spokesman, ING

Bitfinex did not divulge with which banks it operates, after the closure of the account in Wells Fargo. The ING statement is the first confirmation of the relationship between Bitfinex and a large financial company capable of providing storage services.

It is also unclear where Bitfinex was served after the breakdown of relations with Wells Fargo and when this account was opened.

The connection between Bitfinex and ING is interested by Dutch lawmakers. A member of the opposition workers' party, Nank Neybour, asked Finance Minister Vopka Hextra to look into this issue, including explaining why other banks broke off relations with Bitfinex and what measures the exchange and the bank take to prevent the use of their sites by intruders.