Cryptocurrency Exchange Bitfinex Resumes Services Following Cyberattack

A Hong Kong-based cyptocurrency exchange briefly halted its services today due to a cyberattack, causing the platform to be under an extreme load.
DDoS Attack Targets Bitfinex
Bitfinex was the target of a DDoS, or distributed denial-of- service attack, earlier today. This occurs when a number of compromised computer servers attack a target by overwhelming a system. In the case of Bitfinex, it appears that the DDoS attack occurred after it relaunched the platform, according to its website.
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