OVER $60 MILLION WORTH OF BITCOINS HACKED FROM NICEHASH EXCHANGE

Over $60 Million Worth of Bitcoins Hacked from NiceHash Exchange. Bitcoin mining platform and exchange NiceHash has been hacked, leaving investors short of close to $68 million in BTC.

As the price of Bitcoin continues to rocket, surging past the $14,500 mark at the time of writing, cyberattackers have once again begun hunting for a fresh target to cash in on in this lucrative industry.

Banks and financial institutions have long cautioned that the volatility of Bitcoin and other cryptocurrency makes it a risky investment, but for successful attackers, the industry potentially provides a quick method to get rich — much to the frustration of investors.

Unfortunately, it seems that one such criminal has gone down this path, compromising NiceHash servers and clearing the company out.

In a press release posted on Reddit, on Wednesday, NiceHash said that all operations will stop for the next 24 hours after their "payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen."

NiceHash said it was working to "verify" the precise amount of BTC stolen, but according to a wallet which allegedly belongs to the attacker — traceable through the blockchain — 4,736.42 BTC was stolen, which at current pricing equates to $67,867,781.

"Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days," NiceHash says. "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," the trading platform added.

The company has also asked users to change their online passwords as a precaution. NiceHash says the "full scope" of the incident is unknown.

"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 company added.

Inconvenience is an understatement — especially as so much was left in a single wallet — but the moment those coins shift, we may know more about the fate of the stolen investor funds.

Read more

1. Hacking Tools Mac
2. Nsa Hacker Tools
3. Kik Hack Tools
4. Best Hacking Tools 2019
5. Hack Tools Github
6. Tools Used For Hacking
7. Pentest Tools Framework
8. Hacker Hardware Tools
9. Hacker Tools For Mac
10. Pentest Tools For Windows
11. Top Pentest Tools
12. Ethical Hacker Tools
13. Hacking Tools Windows
14. Hack Tools For Mac
15. Pentest Reporting Tools
16. Pentest Tools For Windows
17. Tools Used For Hacking
18. Hacker Techniques Tools And Incident Handling
19. Pentest Tools Linux
20. Hacker Tools Free Download
21. Pentest Tools For Mac
22. Pentest Tools Port Scanner
23. Hacker Tools Free Download
24. Hacking Tools Online
25. Hacking Tools Mac
26. Hak5 Tools
27. Hacker Tools Linux
28. Pentest Tools Github
29. Hacking Tools For Pc
30. Tools Used For Hacking
31. Pentest Tools Website Vulnerability
32. Hack Tools
33. Hacking Tools Kit
34. Hack Tools Github
35. Bluetooth Hacking Tools Kali
36. Hacking Tools Kit
37. Hacker Tools Github
38. Wifi Hacker Tools For Windows
39. Black Hat Hacker Tools
40. Pentest Tools Url Fuzzer
41. Hacker
42. Pentest Tools Review
43. Hacker Tools Free
44. Hacker Tool Kit
45. Pentest Tools Free
46. Pentest Tools Open Source
47. Hacker Tools 2020
48. Pentest Tools Download
49. Physical Pentest Tools
50. Nsa Hack Tools
51. Hacker Tools Windows
52. Wifi Hacker Tools For Windows
53. Pentest Tools List
54. Pentest Tools Github
55. Pentest Tools Windows
56. Hacker Tools Mac
57. Pentest Recon Tools
58. Pentest Tools For Windows
59. Hack Tools For Mac