Nicehash Hacked: $62 Million In Bitcoin Stolen

Adjust Comment Print

The company's marketplace is now down, showing a maintenance message. The company said it was halting operations for 24 hours and was now investigating the incident.

Unfortunately, there has been a security breach involving NiceHash website. The company said Thursday in a statement posted on its website that it had stopped operations and was working to verify how many bitcoins were taken.

I talked yesterday about the potential for GPU prices to go up, as even though Bitcoin can't be (effectively) mined with graphics cards, there are hundreds of alternative cryptocurrencies that can be, and services like Nicehash allow people to lease hashing power on their GPUs and get paid directly in Bitcoin.

Cryptocurrency marketplace NiceHash said Wednesday that hackers stole the contents of its virtual wallet, making off with digital currency reportedly worth more $60 million.

State Street Corp Buys 216869 Shares of Barrick Gold Corp (ABX)
Marathon Asset Management LLP acquired a new position in Barrick Gold in the third quarter valued at approximately $43,138,000. The stock has a market cap of $16,230.00, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 9.54 and a beta of -0.42.

It did not say how much was stolen but users shared the company's wallet address on Twitter which showed it had 4,736.42 bitcoins. 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.

The security breach took place around the time Bitcoin's value began to surge greatly: CoinDesk reports that between 18:00 and 24:00 UTC on December 7, the currency rose 10 percent, or about $2,000, to cross $14,000 for the first time.

We would not exist without our devoted buyers and miners all around the globe.

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 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'll keep you updated! "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.