Distributed Denial of Service, commonly known as DDoS, is a malicious cyber attack that attempts to render an online service unavailable by overwhelming it with a flood of traffic from multiple compromised computer systems. This coordinated attack prevents legitimate users from accessing the targeted service or website. The objective is often to cause disruption or extort funds.
Context
In the realm of crypto news, Distributed Denial of Service attacks are frequently reported when digital asset exchanges, blockchain infrastructure providers, or decentralized applications experience outages. These incidents can severely impact market operations, user access to funds, and overall confidence in a platform’s security. Such attacks highlight the ongoing cyber security challenges faced by the digital asset sector.
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