Blockchain Users Lose Access to Digital Wallets for Hours

Financial Services

The website for Blockchain.info, bitcoin wallet provider for 8 million users, went down for several hours Wednesday, leaving users without access to their digital currency.

The Blockchain team confirmed the site was down because the “DNS registrar had been compromised.” Domain name system hijacking allows an attacker to redirect traffic, for example, to a fake web page on the same domain to steal bitcoins, according to The Hacker News.

Blockchain tweeted service has been restored and it will “continue to monitor things closely.”