Attack of the bots! Paxful fights off thousands of automated threats

Cointelegraph

Published Oct 23, 2020 06:00PM ET

Updated Oct 23, 2020 07:40PM ET

Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months.

During the same time period, hackers managed to steal around $200 million worth of cryptocurrency from the KuCoin exchange, and another unconnected attack saw $5.4 million stolen from Eterbase.

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