Poloniex Suffers From Multiple DDoS Attacks Over the Past Few Weeks

Over the past few weeks, traders have been complaining about slow trade executions while using the U.S. based cryptocurrency exchange Poloniex. The trading platform says it has recently been suffering from many severe distributed denial of service (DDoS) attacks alongside a surge of mainstream growth.

Lately across social media platforms and cryptocurrency focused forums, there have been users complaining about trading on the exchange Poloniex. Back in April, as the digital currency Ripple XRP began to show its first signs of a bull run the exchange experienced a lot of customers complaining about downtime and trade executions. One individual states that he believes Poloniex is just overwhelmed by all the cryptocurrency price spikes lately saying;

"I think they are just overwhelmed. Lots of new users, new trade volume, lots of additional stress on their systems and on coins that haven’t seen this type of activity before."