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Bitcoin Mining Marketplace NiceHash Hacked: $62 Million Stolen?

07 December 2017

Many people are very anxious since official confirmation is still lacking, a possible hack remains unconfirmed. That's what appears to have done in NiceHash, a Slovenia-based Bitcoin exchange that claims its cryptocurrency wallet has been cleared out of $64 million worth of BTC. The venture's main webpage showed a "maintenance" error message, linking to its social media accounts.

While the company did not reveal the exact amount lost, users on Reddit spent the better part of today anxious as the service was initially "under maintenance" for 12 hours amidst suspicious transactions on the blockchain that saw 4,736.42 BTC taken from Nicehash and their Nicehash internal wallets reporting zero balances. Bitcoin reached 12,000 dollars per Bitcoin today. But a Coindesk report suggests the wallet contained 4,736 bitcoins, worth about $66 million at current prices. The company has paused operations for 24 hours while it figures out exactly how much was swiped and how it was taken.

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The firm's statement on the website said, "Our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen". On Jan. 1 this year, bitcoin was priced at just under $1,000. While not providing much in the way of details, the company did say in a statement that there had been "a security breach involving NiceHash website" and that they "are now investigating the nature of the incident and, as a result... are stopping all operations for the next 24 hours".

"In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are cooperating with them as a matter of urgency", it said.

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We would not exist without our devoted buyers and miners all around the globe. Your press release said nothing about sending us what you owe.

Nicehash is further recommending that users of its internal wallets change all of their online passwords (especially any that were similar to the one they used on the site) as a precaution. "We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible", the statement added.

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Bitcoin Mining Marketplace NiceHash Hacked: $62 Million Stolen?