Bitcoin-exchange Mt. Gox has once again suffered a large-scale DDoS-attack, which began less than two hours after the resumption of Bitcoin trades work. On April 11th exchange was not available for the users most of the day.
"We are experiencing a stronger than usual DDoS," exchange said in a Google+ post. "We are working in it."
Mt. Gox halted trading on April 11 after the price of Bitcoins dropped 61% and then recovered 37%. In the last four weeks the price of Bitcoin has grown to $266, and yesterday was only $145.
Mt. Gox claims that DDoS-attack is not the main reason of the price drop. The company says it was due to an unexpected influx of new trades.
According to some experts the authors of DDoS-attacks act in a certain pattern: “Attackers wait until the price of Bitcoins reaches a certain value, sell, destabilize the exchange, wait for everybody to panic-sell their Bitcoins, wait for the price to drop to a certain amount, then stop the attack and start buying as much as they can.”
