As if the massive influx of users was not enough to deal with, cryptocurrency exchanges have to deal with the constant threat of DDoS attacks.

The Bitcoin price continues to climb, reaching a new high of $ 12,000, people are clamoring to get their hands on the lucrative virtual currency that weighs heavily on trade and their servers.

While they do their best to meet the needs of an ever-growing customer base, exchanges are also doing their best to combat hackers seeking to cripple their services and find vulnerabilities in an effort to steal Bitcoin

platforms is a DDoS attack.

In simple terms, a DDoS attack is defined as a distributed denial of service attack. It's a cyber attack from a service provider who is looking to disrupt his service, usually flooding the server with too many requests.

Using multiple sources to attack a server, DDoS attacks can be difficult to shut down because they are not started by one source.

The timing could not be worse

The bitcoin mega race saw the strongest demand for virtual currencies in trade around the world

Like the various suppliers of Services did their best to improve the traffic generated by the rampant traffic and news users, while Bitcoin approached the $ 11,000 mark two weeks ago.

Bitfinex planned the server maintenance and was hit by a DDOS attack at the same time.

Bitfinex is under DDoS attack. The DDoS attack started during the previous maintenance and has been going on ever since. – Bitfinex (@bitfinex) November 26, 2017

Meanwhile, Bittrex also detected a DDOS attack on its system.

A DDOS attack has been detected and has been mitigated at this time. – Bittrex (@BittrexExchange) November 24, 2017

These attacks are an integral part of online life – banking systems, online shopping platforms and other service providers being usual targets of DDoS attacks.

They often happen too – and almost always at the most inopportune moment.

In late October, the third division of Bitcoin's original Blockchain, Bitcoin Gold, was hit by massive DDoS. attack. Its launch has been disrupted by more than 10 million requests per minute, making its site inaccessible.

In May, the exchange of Poloniex was canceled – the users being indignant at not being able to exchange their virtual currency. Fortunately, no trump has been stolen during the attack – but the ensuing panic is not a matter of fun.

Ironically, Blockchain technology could be the answer to stopping DDoS attacks

a Blockchain, these attacks can be mitigated by increasing the ability to handle the Website traffic.