This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at https://www.rt.com/business/528489-bitcoin-attack-ransom-ddos/

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
Student mugs teacher? Cyberattack strikes bitcoin education site with hackers demanding ransom in… bitcoin Student mugs teacher? Cyberattack strikes bitcoin education site with hackers demanding ransom in… bitcoin
(about 2 months later)
Bitcoin.org, an educational platform for trading in bitcoin, was hit by a cyberattack on Monday, which overloaded the site with traffic and prompted it to shut down.Bitcoin.org, an educational platform for trading in bitcoin, was hit by a cyberattack on Monday, which overloaded the site with traffic and prompted it to shut down.
To add insult to injury, attackers demanded 0.5 bitcoin, or $17,012, in ransom to stop their actions and restore the site’s operations, Decrypt reported.To add insult to injury, attackers demanded 0.5 bitcoin, or $17,012, in ransom to stop their actions and restore the site’s operations, Decrypt reported.
The attack in question is called a distributed denial of service, or DDoS, a specific kind of cyberattack that targets a site’s host and infrastructure by flooding the host with traffic it is unable to contain, prompting the system to fail.The attack in question is called a distributed denial of service, or DDoS, a specific kind of cyberattack that targets a site’s host and infrastructure by flooding the host with traffic it is unable to contain, prompting the system to fail.
The site’s pseudonymous operator, Cobra, described Monday’s attack on Twitter as “absolutely massive.”The site’s pseudonymous operator, Cobra, described Monday’s attack on Twitter as “absolutely massive.”
At the same time, CoinDesk reported it was able to access Bitcoin.org without difficulty.At the same time, CoinDesk reported it was able to access Bitcoin.org without difficulty.
The attack comes less than a week after London’s High Court issued a default judgment against the site, because its operator Cobra decided not to appear in court, uneager to reveal its true identity. In the ruling the court stated that Bitcoin.org should stop hosting its copy of the Bitcoin white paper.The attack comes less than a week after London’s High Court issued a default judgment against the site, because its operator Cobra decided not to appear in court, uneager to reveal its true identity. In the ruling the court stated that Bitcoin.org should stop hosting its copy of the Bitcoin white paper.
For more stories on economy & finance visit RT's business sectionFor more stories on economy & finance visit RT's business section
Dear readers and commenters,
We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.
Sorry for the inconvenience, and looking forward to your future comments,
RT Team.