‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive
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A sudden spike in Bitcoin (
Bitcoin analysts quickly pointed out that it was due to demand rather than a premeditated attack. “0xfoobar” told his 130,000 followers:
“Bitcoin mempool finally gets some usage and the maxis are framing it as a DoS attack on the network. They really have not considered even the most basic scenarios, like ‘Bitcoin becomes popular and people are willing to pay to use it’”
On May 8, the world’s largest crypto exchange, Binance, suspended Bitcoin transactions again, citing “the large volume of pending transactions.” It is the second time that Binance has suspended BTC transactions in the past 12 hours.
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