NiceHash largest Bitcoin mining hacked

in bitcoin •  11 months ago

is sad and bad news for some of our friends whose invest a lot in mining bitcoin at NiceHash and it was a very good mining marketplace because the payout is good

[QUOTE=]NiceHash, the largest Bitcoin mining marketplace, has been hacked, which resulted in the theft of more than 4,700 Bitcoins worth over $57 million (at the time of breach).
And guess what? You'll be surprised to know that the stolen BTC now worth over $70 million—in less than 24 hours. [/QUOTE]

$70 million just stolen at NiceHash and this will put other companies work on mining to be aware more about their security and I guess investing in security is a good idea when you are runing a big project like NiceHash

[QUOTE] Founded in 2014, NiceHash is a cloud-based crypto-mining marketplace that connects people from all over the world to rent out their spare computing power to other in order to create new coins. [/QUOTE]

from 2014 till now is three years but the interest Nice have earned is from Feb 2017 till this month because of increasing the bitcoin price during this period

[QUOTE] On Wednesday, several NiceHash users reported that their BTC wallets had been emptied, which was later confirmed by NiceHash after its service went offline claiming to be undergoing maintenance. [/QUOTE]

I think the NiceHash team they was not aware about the hacking going on till some of clients complaining that there wallets had been emptied and it was a shock for the team and then they decided to put the website offline

[QUOTE] The company did not provide any further details about the security incident, but it did say that NiceHash has paused its operations for next 24 hours while it figures out exactly how many numbers of BTC were swiped from its website and how it was taken. [/QUOTE]

this is the last update from NiceHash and i wish they will operate again

[QUOTE]Official press release regarding the NiceHash security breach

Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.

Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.

We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity.

We would not exist without our devoted buyers and miners all around the globe. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. We will endeavour to update you at regular intervals.

While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords.

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. [/QUOTE]

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Very bad, how they manage to leave the wallet unsafe really does interest me though ...