$60 million worth of bitcoin stolen in NiceHash hack

$60 million worth of bitcoin stolen in NiceHash hack

Research company Coindesk said that a wallet address referred to by NiceHash users indicates that about 4,700 bitcoins had been stolen.

"Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days", the announcement said. It is now working with the relevant authorities and law enforcement "as a matter of urgency" to investigate the breach.

The company did not respond to requests for comment.

At 1:05 p.m. EST, Bitcoin was valued at $16,825, according to Coinbase, after briefly surging above $19,000 Thursday morning. Although bitcoin owners are usually anonymous, the amounts stored in their wallets are publicly searchable online. Nicehash offers a server where individuals offer computing capacity to bitcoin miners to mine bitcoins via complicated math equations in order to create blockchains, the basis for cryptocurrency.

TOKYO | The frenzy surrounding bitcoin amped up further Thursday as the virtual currency soared above $15,000 for the first time, just days before it starts trading on major USA exchanges. Users can also buy computer processing power from other NiceHash users. It later facilitates periodic payments to the service providers with bitcoin.

Parents of Tampa killing spree suspect won't answer questions
If the parents do say anything it will be a statement, in part saying, "our lives were ideal until November the 28". That is the day their son was arrested for the four murders that occurred within 51 days in Seminole Heights.

Rumours of the hack first appeared early Wednesday, and the site went down for maintenance soon afterward.

NiceHash is only the latest cryptocurrency company to suffer a major hack in recent months.

The hack occurred just as the trading community prepares for bitcoin to start trading on two established USA exchanges.

The breach came to light when a large number of users reported on social media that their NiceHash wallets had been emptied. The digital coins are stored in a digital wallet or on the cloud and can be used in transactions.

Related:

Comments

Latest news

Fergie Opens Up About Overcoming Crystal Meth Addiction
When she's not working on the Internet she's reading about the Internet, media, and pop culture. on the Internet. Singer Fergie opens up about her meth addiction. "I was hallucinating on a daily basis", she recalls .

Police Identify Suspect in R. Kelly Burglaries
Georgia police announced on Wednesday that they identified a suspect who they say stole absolutely everything out of R. He's charged with two counts of burglary, two counts of theft by taking, and two counts of theft by deception.

Pakistan expresses concern over Trump plan to recognise Jerusalem as Israeli capital
However, it is also a disputed territory, contested by both Israel and Palestine, which sees it as a capital of its future state. The decision would also undermine regional peace and security, as well as, derail any prospects in the Middle East.

Thomas Fire Burns Ventura Apartment Complex To Ground
They recommend anyone who is near the area, who isn't under an evacuation order, to be prepared to leave at a moment's notice. He had so little time to escape the wind-whipped Thomas Fire that he couldn't save his cats, or even get his wallet.

Atletico crash out, Chelsea sink to second place
After a lifeless first half, the second sprung to life with almost triple the amount of chances between the two teams. So why are Chelsea destined to play Barcelona? "Our opponent won't be happy to play against us", Conte added.

Stock Watch: Coca Cola Amatil Ltd (CCLAY) Higher Over the Last Month
Artisan Partners Limited Partnership lifted its holdings in shares of Coca-Cola European Partners by 13.7% during the 2nd quarter. The Quebec - Canada-based Caisse De Depot Et Placement Du Quebec has invested 0.14% in The Coca-Cola Company (NYSE:KO).

Steelers' Mike Mitchell Ranting About NFL Policing Hits Is Must
I'm gonna mess around and get hurt trying to protect an offensive player because he's running an over route". Steelers safety Mike Mitchell has had enough of fines and suspensions for dirty hits.

Heisman Trophy finalists announced: Mayfield, Jackson, Love named
Love showcased his talent to the country in Stanford's opener when he ran over Rice for 180 yards and a touchdown in Australia. Injuries limited Love down the stretch and even forced him to sit out Stanford's game against Oregon State in October.

Dollar General outperforms in Q3
IFM Investors Pty Ltd acquired a new position in shares of Dollar General during the 3rd quarter worth about $654,000. The company has a Price to Book value of 4.37 times which is indicative of the strong asset on the balance sheet.

Need a ride? Top auto safety picks for 2018
Vehicles the IIHS studied included small cars, midsize cars , large luxury cars , midsize SUVs and midsize luxury SUVs . The number was actually down from a year ago and the new crash tests were not the only reason why.

Ryanair pilots in Italy set to go on strike
A Ryanair spokeswoman said the company "did not comment on communication with our people". A spokesman said it did not believe the Italian pilots would actually strike.

Callidus Software, Inc. (NASDAQ:CALD) CFO Sells 6200 Shares of Stock
Following the sale, the executive vice president now owns 300,075 shares in the company, valued at approximately $8,777,193.75. Neuberger Berman Group Inc Limited Liability Corporation reported 0% in Callidus Software Inc . (NASDAQ: CALD ).

Singapore Airlines changed USA route because of North Korean missiles
The airline changed the route back in July after a previous North Korean missile test, according to CNN Money . South Korea says Pyongyang regularly fails to issue notices to airmen when conducting missile launches.

Techland Announces Dying Light: Bad Blood, PvP Expansion Due in 2018
Here's where it can get rather tense: players have the ability to turn on their allies to steal collected blood samples. In a cruel set-up where everyone fights for the survival of the few, betrayal is not a question of "if", but "when".

Are Analysts Bullish Harley-Davidson, Inc
Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis. The (Simple Month Average) SMA20 is at 6.33 percent, its SMA50 Value is 6.44% and SMA200 value is reported as -2.48 Percent.

Other news