BGP leaks and cryptocurrencies

Over the few last hours, a dozen news stories have broken about how an attacker attempted (and perhaps managed) to steal cryptocurrencies using a BGP leak.

CC BY 2.0 image by elhombredenegro
What is BGP?
The Internet is composed of routes. For our DNS resolver 1.1.1.1 , we tell the world that all the IPs in the range 1.1.1.0 to 1.1.1.255 can be accessed at any Cloudflare PoP.
For the people who do not have a direct link to our routers, they receive the route via transit providers, who will deliver packets to those addresses as they are connected to Cloudflare and the rest of the Internet.
This is the normal way the Internet operates.
There are authorities (Regional Internet Registries, or RIRs) in charge of distributing IP addresses in order to avoid people using the same address space. Those are IANA, RIPE, ARIN, LACNIC, APNIC and AFRINIC.
What is a BGP leak?
The broad definition of a BGP leak would be IP space that is announced by somebody not allowed by the owner of the Continue reading


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