Quote from: MagicalTux on June 15, 2011, 11:35:04 PM

Quote from: Drifter on June 14, 2011, 04:40:41 PM

http://securityforthemasses.blogspot.com/2011/06/bitcoin-exchanges-hacked-by-buttsec.html

Looks like Mt Gox has been compromised, but more to prove lack of security and less to do with destroying bitcoin confidence.

We are not compromised, however our current ISP has troubles coping with the DDoS.

Note that a DDoS has nothing to do with security. Security usually involves getting inside the site to steal stuff (for example) while DDoS just means sending a lot of legitimate-looking traffic to make the site go down.

Anyway we'll be moving to a much stronger solution soon (contract already signed, waiting for setup).

The site has been slow for what, a week (or more)?

Even if the site wasn't compromised, someone must benefit from it; Even a 100mbit/s downlink DDoS costs about $500 per day on russian forums by western union.
Utilizing a big botnet is not free at all.

I still fail to see the motive though. Driving people to other exchanges? Undermining bitcoin? Seems pretty expensive.