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CoinGlass Recovers from Large-Scale Proxy Attack

CoinGlass faced a major proxy attack that disrupted access; services are now fully restored.

  • CoinGlass experienced a massive proxy attack
  • Website access was briefly disrupted
  • The issue has now been resolved

Crypto analytics platform CoinGlass was targeted by a large-scale proxy attack, according to an official alert earlier today. The attack caused temporary disruption to the website, leaving many users unable to access real-time data and trading insights.

The company quickly acknowledged the issue and took immediate steps to mitigate the impact. While the exact scale of the attack hasn’t been disclosed, it was significant enough to affect website availability for a short period.

Such attacks are usually designed to overload a server using a flood of requests, typically routed through various proxy servers, making them difficult to trace. This method, often part of a broader DDoS (Distributed Denial-of-Service) strategy, is a common threat in the digital finance and crypto sectors.

Quick Recovery and Full Service Restoration

CoinGlass responded swiftly to the disruption and confirmed that the issue has been resolved. By enhancing their firewall settings and routing protections, the team was able to restore normal operations without any reported data breaches or long-term service impacts.

The company reassured its users that their data and funds were not compromised, emphasizing that the attack was purely infrastructural. The platform is now operating normally, and users can once again access all services without issue.

Incidents like this highlight the growing cybersecurity risks faced by crypto-related platforms. As data and analytics tools become more integral to crypto trading, securing these systems remains a top priority.

Strengthening Cybersecurity in the Crypto Sector

The proxy attack on CoinGlass serves as a reminder for platforms across the crypto industry to bolster their cyber defenses. Proxy and DDoS attacks are becoming more sophisticated, and platforms must invest in infrastructure resilience to prevent service disruptions.

CoinGlass’s quick recovery sets a strong example of crisis management in the face of such attacks. It also reinforces the need for continuous monitoring and robust security frameworks.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Ava Nakamura

Ava Nakamura is a seasoned crypto journalist and blockchain enthusiast who has been covering digital assets since 2017. With a sharp eye for market trends and a passion for decentralization, Ava breaks down complex crypto topics into engaging stories. She covers Bitcoin, altcoins, DeFi, and everything in between — aiming to empower readers through knowledge.

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