December 7, 20172min843

NiceHash wallets were hacked

The cryptocurrency mining marketplace – NiceHash was a victim of hackers yesterday. The hackers emptied NiceHash wallets.

Posting on social media, NiceHash said that “there has been a security breach involving NiceHash website” resulting in a loss of funds. NiceHash exists since 2014 and it serves as a marketplace for miners to rent out their hash rate to others.

NiceHash wallets were empty after the attack. They previously announced that it was “under maintenance,” . They posted this message to its official website as well.

The company said:

“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, we have reported the incident to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.”

They don’t know the exact amount of Bitcoins the criminals stole. They estimated that it was about 4 736,42 BTC. That is about $62 million at current prices.

The NiceHash team urged users to change their non-NiceHash online passwords as a result of the breach and subsequent theft.

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

Is investing in cryptocurrencies safe? Let us know what you think in comments below.


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