Not Again! Bitcoin Provider MT.Gox Faces Another DDoS

(Ping! Zine Web Tech Magazine) – Bitcoins, unfortunately, continue to face the wrath of hackers.

According to a Monday report from The Register, DDoS recently hit bitcoin provider MT.Gox.

“This again appears to be another strong DDos attack. We are working hard to overcome it and will update when possible. It’s currently 2am in Japan so please forgive us if our Facebook/Twitter updates are not as quick, though the team is certainly not taking any breaks. We’re very much looking forward to implementing a much stronger solution very soon and will make an announcement to that effect once it’s in place,” stated the company through its Facebook page.

It’s the second time within the past month that MTGox has faced such an attack. Another similar provider, Instawallet, was indefinitely shut down after being hit as well.

Bitcoins are a virtual currency and are increasingly being used by the online community.