Nicehash Hacked: $62 Million In Bitcoin Stolen

Nicehash Hacked: $62 Million In Bitcoin Stolen

NiceHash, a marketplace for cloud-based mining of cryptocurrencies, made its announcement following an hours-long outage attributed to "maintenance" and reports from NiceHash users that their wallets had been emptied.

NiceHash is a digital currency marketplace that matches people looking to sell processing time on their computers in exchange for the digital currency bitcoin. This way, users can benefit from bitcoin mining without purchasing or operating the equipment themselves. It has halted all services for the next 24 hours while it investigates, but thanks to the public blockchain, there's speculation that Nicehash may have lost upward of 4,700 BTC, presently worth more than $63 million United States dollars.

Site operators advised users to change their passwords when the site returns online.

Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. The company is now investigating the precise amount stolen, though estimates around the web put it north of $66 million United States dollars worth of the popular cryptocurrency (at time of writing 1 BTC = ~$13970.50).

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Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days.

The company says it's still investigating the nature of the incident, and doesn't yet know the full scope of the attack it suffered at the hands of hackers.

While NiceHash investigates the incident its services have been taken offline for the next 24 hours. "We will endeavour to update you at regular intervals". And if you used Nicehash, you should also change any passwords that were the same as your Nicehash credentials.

"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 firm concluded.

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