From CNBC
At least two major bitcoin exchanges reported cyberattacks this week.Read more: http://www.cnbc.com/2017/06/14/major-bitcoin-exchanges-hit-by-cyberattacks-as-record-rally-makes-them-a-target.htmlThe attacks were 'denial-of-service' in nature and did not affect clients' funds.
Bitcoin briefly more than tripled for the year when it topped $3,000 last weekend.
Multiple cyberattacks on major bitcoin exchanges this week highlight the many challenges for the young digital currency world.
A surge in investor interest also overwhelmed major bitcoin websites, while record-breaking levels of fundraising for new digital currencies add to worries that the largely unregulated cryptocurrency industry will be unable to manage the hype.
"Investors with assets on centralized cryptocurrency exchanges should be careful. The track records of these organizations are not good, and as the assets on the exchanges grow, so does the bounty for attacking or hacking them," said Benjamin Roberts, co-founder and CEO of Citizen Hex, a digital currency trading start-up backed by three Canadian venture funds.
Cyberattacks
Bitfinex, the largest U.S. dollar-based bitcoin exchange, said on its status website Wednesday morning that its platform was under distributed denial-of-service attacks, or DDoS, that attempts to paralyze a system with a flood of information.
Follow @contentjunkie to stay up to date on more great posts like this one.