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.

Continue reading

1. Hack And Tools
2. Tools Used For Hacking
3. Hack Tool Apk No Root
4. Pentest Tools Free
5. Hack Tools
6. Pentest Tools Online
7. Hack Apps
8. Pentest Tools Kali Linux
9. Pentest Tools For Ubuntu
10. Pentest Tools Tcp Port Scanner
11. Wifi Hacker Tools For Windows
12. Hackers Toolbox
13. Pentest Tools Port Scanner
14. Top Pentest Tools
15. Pentest Tools Alternative
16. Hacker Security Tools
17. Hacker Tool Kit
18. Hacking Tools Software
19. Hacker Tools Windows
20. Hacker Techniques Tools And Incident Handling
21. Underground Hacker Sites
22. Hack App
23. Pentest Tools Tcp Port Scanner
24. Best Hacking Tools 2020
25. Pentest Recon Tools
26. Hacker Tool Kit
27. Hack Tools For Pc
28. Pentest Tools List
29. Tools For Hacker
30. Hack Tools For Games
31. Free Pentest Tools For Windows
32. Hacking Tools Download
33. Best Pentesting Tools 2018
34. Tools 4 Hack
35. Nsa Hack Tools
36. Pentest Tools
37. Pentest Tools Kali Linux
38. Pentest Tools For Mac
39. Hacking Tools And Software
40. Pentest Tools Website Vulnerability
41. Hacker Tools 2020
42. Hackrf Tools
43. Termux Hacking Tools 2019
44. Github Hacking Tools
45. Hack Rom Tools
46. Hacking Tools Usb
47. Hacker Tools Free
48. Hacker Tools For Pc
49. Hacking Tools Free Download
50. Growth Hacker Tools
51. Pentest Tools List
52. Hacker Security Tools
53. Hacker Tools Online
54. Pentest Tools Tcp Port Scanner
55. Hacking Tools Online
56. Termux Hacking Tools 2019
57. Hacking Tools For Pc
58. Beginner Hacker Tools
59. Hacking Tools For Pc
60. Hacker Tools Linux
61. Hacking Tools Online
62. Hacker Tools For Windows
63. Pentest Box Tools Download
64. Hacker Tools Windows
65. Nsa Hack Tools
66. Hack Tools Pc
67. Hackrf Tools
68. Computer Hacker
69. Hack Tools Download
70. Pentest Tools List
71. Hacker Tools Software
72. Hack Tools For Ubuntu
73. Best Hacking Tools 2020
74. Free Pentest Tools For Windows
75. Hacking Tools For Windows Free Download
76. Best Hacking Tools 2020
77. Pentest Tools Framework
78. What Are Hacking Tools
79. Pentest Automation Tools
80. Physical Pentest Tools
81. Pentest Tools Review
82. Hack Website Online Tool
83. Hack Tools For Ubuntu
84. Hacker Tools Apk Download
85. Pentest Tools Tcp Port Scanner
86. Hacker Hardware Tools
87. Pentest Tools Bluekeep
88. Hacker Tools Online
89. Game Hacking
90. Github Hacking Tools
91. Nsa Hacker Tools
92. Hacker Security Tools
93. Hacking Tools For Windows
94. Hack Tools 2019
95. Hack And Tools
96. Beginner Hacker Tools
97. Hacking Tools For Windows 7
98. Pentest Tools For Windows
99. Hacking Tools For Windows Free Download
100. Hacking Tools Github
101. Top Pentest Tools
102. Hack Tools For Games
103. Computer Hacker
104. Hack Tools For Mac
105. Pentest Reporting Tools
106. Hak5 Tools
107. Tools Used For Hacking
108. Hacking Tools Pc