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Advanced botnet attack caused $1.2bn in longs liquidation on BitMEX

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Bitcoin’s price struggle was further exacerbated last week when the coin plunged to $3,700 on BitMEX and caused almost $1.2 billion in long contracts to be liquidated on the platform. Now, the exchange’s CTO has revealed that the liquidations were caused by sophisticated botnet attacks that have been probing the platform for days and were responsible for another attack last month.

https://t.me/CryptoMarketTime
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