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Home ยป Industry News ยป $60 million worth of bitcoin stolen in NiceHash hack

$60 million worth of bitcoin stolen in NiceHash hack

NiceHash, the marketplace for cloud-based mining of cryptocurrencies, said hackers breached its systems and stole an unknown amount of bitcoin from its virtual wallet.

โ€œWe are working to verify the precise number of BTC taken,โ€ the company said Wednesday in a statement on its Facebook page. Itโ€™s halting operations for 24 hours, it said. The ventureโ€™s main webpage showed a โ€œmaintenanceโ€ error message, linking to its social media accounts.

NiceHash helps match people who can spare computing capacity with miners looking to solve complex math problems to obtain a variety of new coins. It later facilitates periodic payments to the service providers with bitcoin.

A wallet address circulated by NiceHash users shows that more than $60 million of bitcoins might be affected, according to CoinDesk, the cryptocurrency research and news website.

NiceHash Chief Executive Officer Marko Kobal didnโ€™t immediately respond to a LinkedIn message seeking comment.


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BusinessTech

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