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.

Related word

1. Hacking Tools And Software
2. How To Install Pentest Tools In Ubuntu
3. Hacker Hardware Tools
4. Hacker Tool Kit
5. Kik Hack Tools
6. Hack Tools For Mac
7. Pentest Tools Apk
8. Pentest Tools Review
9. Pentest Tools Free
10. Hack Tool Apk
11. Pentest Tools Free
12. Best Pentesting Tools 2018
13. Pentest Tools Alternative
14. Android Hack Tools Github
15. What Is Hacking Tools
16. Physical Pentest Tools
17. Hack Tool Apk
18. Free Pentest Tools For Windows
19. Hacker Hardware Tools
20. Hack Tools Mac
21. Pentest Tools For Windows
22. Hacking Tools Windows 10
23. Pentest Tools Framework
24. Hacking Tools Download
25. Pentest Tools Open Source
26. Pentest Tools Website Vulnerability
27. Hacking Tools For Windows
28. Hacking Tools For Mac
29. Top Pentest Tools
30. Growth Hacker Tools
31. Pentest Tools Nmap
32. What Are Hacking Tools
33. Pentest Tools Review
34. Hacker Tools For Mac
35. Hacking Tools Download
36. Hack Tools Online
37. Hackrf Tools
38. What Are Hacking Tools
39. Kik Hack Tools
40. Ethical Hacker Tools
41. Hacker Tools For Mac
42. Pentest Recon Tools
43. Beginner Hacker Tools
44. Hacks And Tools
45. Pentest Tools Bluekeep
46. Pentest Tools Open Source
47. Hacker Tools Hardware
48. Pentest Tools Url Fuzzer
49. Usb Pentest Tools
50. Hacker Tools 2020
51. Hacker Hardware Tools
52. Pentest Tools For Windows
53. Pentest Tools Website Vulnerability
54. How To Make Hacking Tools
55. How To Install Pentest Tools In Ubuntu