BTC-e was down briefly on Sunday, following a powerful distributed denial of service (DDoS) attack against its servers.

DDoS attacks against bitcoin exchanges have gained notoriety since the ‘massive and concerted’ attack which targeted multiple organisations earlier this year.

However, in the current climate of uncertainty even a harmless attack can be misinterpreted, with speculation spreading like wildfire on social media. Luckily BTC-e was quick to confirm the attack and dismiss fears – it was just another DDoS attack, now all too common in the world of bitcoin.

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