Any ideas why the site is down?
No. While there seem to be frequent ddos attacks on many BTC sites I have gotten spoiled the last several months with bitzino always being up. I hope they sort it out quickly and that it isn't anything that seriously threatens the site.
I did check my deposit addy and there are still some btc in it, so at least it's not an "all balances are gone" level crisis!
Edit: And it's back! Whew!