The Cardano blockchain has foiled a sophisticated DDoS attack aimed at disrupting its network and stealing crypto assets. Thanks to a rapid and effective response from its development team, Cardano maintained the integrity of its platform, demonstrating its robustness against cyber threats.
A DDoS attack narrowly foiled
On Tuesday night, Cardano faced a large-scale distributed denial of service (DDoS) attack.
The attackers have tent to overwhelm the network by massively executing smart contracts, saturating each block of transactions.
Raul elRaulito, technical director of Fluid Token, clarified on X that the attack started at block 10,487,530, with 194 smart contracts executed per transaction.
“The attacker spent 0.9 ADA per transaction, filling each block with multiple operations to strain the network“, explains ElRaulito
The cybercriminals' objective was twofold: to paralyze the functioning of the network and to capture staked cryptos. However, their strategy came up against Cardano's strong defense mechanisms.
Philip Disarro, founder of Anastasia, a Cardano development company, quickly identified the threat and proposed an effective solution: removing the stake ID used by the attacker.
The responsiveness of Cardano, a major asset
The response from the Cardano team has been exemplary. Indeed, as soon as the attack was detected, measures were taken to counter the threat. Philip Disarro played a crucial role in providing a quick and effective solution. His recommendation to delete the record of the milestone credentials used by the attacker was promptly implemented.
This responsiveness not only stopped the attack, but also led to the recovery of part of the attacker's funds.
As Disarro pointed out: “ DDOSer ended his attack after reading my tweet in an effort to protect his funds. Alas, they arrived too late and the looting of their funds is already underway. »
Following this event, ADA, Cardano's native crypto, recorded an increase of 0.4% in 24 hours, trading at 38 cents in Asia.
In short, this incident highlights Cardano's resilience in the face of cyber threats. The platform has demonstrated its ability to maintain the security of its users, thereby strengthening its position in the crypto ecosystem.
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