Cryptocurrency Miner NiceHash Hacked - $62 Million in Bitcoins Gone

NiceHash website showing a maintenance message during security breach announcement

However, the team revealed the true nature of the outage through an announcement posted on the service's social media channels, confirming users' worst fears after hours frenzied speculation.

NiceHash is a digital currency marketplace that matches people looking to sell processing time on their computers in exchange for the digital currency bitcoin.

A wallet address circulated by NiceHash users shows that more than US$60m of bitcoins might be affected, according to CoinDesk, the cryptocurrency research and news website. This way, users can benefit from bitcoin mining without purchasing or operating the equipment themselves.

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

The service stated that a security breach involving the NiceHash website took place, which resulted in its payment system being compromised and its Bitcoin wallet being emptied.

What's Ahead for Waters Corporation (NYSE:WAT) After Less Shorted Shares?
Moreover, Amica Pension Fund Board Of Trustees has 0.1% invested in Waters Corporation (NYSE:WAT) for 4,317 shares. Shares of Waters Corporation (NYSE WAT ) traded down $0.41 during midday trading on Wednesday, hitting $194.26.

"We are working to verify the precise number of BTC taken", the company said on Wednesday in a statement on its Facebook page. Below is NiceHash's full statement.

The company stated that, in addition to an internal investigation, they had contacted the "relevant authorities and law enforcement" and that they are working to "rectify the matter in the coming days". The firm says that it is fully committed to restoring the service with the highest security measures.

We would not exist without our devoted buyers and miners all around the globe. "We will endeavour to update you at regular intervals". As such, it's temporarily suspended operations on its site, and is encouraging users on its platform to change their passwords immediately.

"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.

Related news:

Hot News

isis-killer-beheading-video-story-top Military Appoints New Theatre Commander Removes Army General Leading Against Boko Haram
Dec 07, 2017 - 09:13
Rogers Nicholas has been named as his replacement. "I can confirm the appointment". Sani Usman, confirmed the sack of the Ibrahim.

isis-killer-beheading-video-story-top United Linked With Mata Swap For Inter Star
Dec 07, 2017 - 09:10
But only time will tell if Inter take up the offer, with the midfielder a very different type of player to Mata. Perisic dealt the Red Devils a hammer blow back in September when he signed a new five-year contract at Inter.

Burning Stock on the move: NVIDIA Corporation (NVDA)
Dec 07, 2017 - 08:16
Among 18 analysts covering Ventas Inc. 4 or 21.05% of the trades during the past quarter were buys, and 15 or 78.95% were sells. A ratio of 1.5 will suggest that the company has $1.5 of liquid assets available to pay off $1 of its current liabilities.

Purchases 79418 Shares of Colgate-Palmolive (NYSE:CL)
Dec 07, 2017 - 08:15
Harbour Capital Advisors LLC acquired a new stake in shares of Colgate-Palmolive in the 1st quarter valued at about $121,000. The Kingdon Capital Management Llc holds 249,600 shares with $18.50 million value, down from 400,000 last quarter.

Raytheon Company (RTN)'s Stock Is Buy After Today's Huge Increase
Dec 07, 2017 - 08:10
A month ago, they told us to expect earnings of US$1.88 per share while three months ago their EPS consensus estimate was US$1.88. The fund owned 2,716,704 shares of the aerospace company's stock after buying an additional 56,466 shares during the period.

isis-killer-beheading-video-story-top Analysts Estimates And Ratings Skyworks Solutions Inc. (SWKS)
Dec 07, 2017 - 08:09
Following the sale, the chairman now directly owns 184,842 shares of the company's stock, valued at approximately $20,347,407.36. Currently, 0.10% of Alcoa Corporation (NYSE:AA) are owned by insiders with 78.48% six-month change in the insider ownership.

isis-killer-beheading-video-story-top London's black cabs go electric and Japan embraces autonomy
Dec 07, 2017 - 08:05
Transport for London estimates that by the end of 2020, 9,000 of London's 23,000 black cabs will meet the new eco standard. That's why inside the new taxi you'll find a lot of Volvo bits and switches since the Chinese automaker also owns Volvo.

Hot Stocks Among Investors: Telefonica, SA (TEF), Johnson Controls International plc (JCI)
Dec 07, 2017 - 07:57
Bessemer Group Inc. grew its position in Johnson Controls International plc Ordinary Share by 5.5% in the 2nd quarter. Of those analysts, 6 rate stock as a Strong Buy, 9 rate it as Hold, and just no analyst rates it as a Moderate Sell.

isis-killer-beheading-video-story-top Rupert Murdoch's $30 Million Property Reportedly Set Ablaze in California Wildfires
Dec 07, 2017 - 07:53
No casualties have yet been reported but thousands of homes are threatened by the fires, including in the luxury Bel Air area. Murdoch's property at 1050 Moraga Ave. was bought in August 2013 for $28.8 million from former Northrop Corp.

isis-killer-beheading-video-story-top Emergency crews battling major industrial building fire in Burlington
Dec 07, 2017 - 07:50
There were no reports of injuries, Halton Regional Police said. However, officials said the highway remained open. There is now a fire on South Service Road.

Preferred Apartment Communities Inc (NYSE:APTS) Institutional Investor Sentiment Analysis
Dec 07, 2017 - 07:42
Baird maintained Mid-America Apartment Communities, Inc. (NYSE: APTS ) earned "Buy" rating by Wunderlich on Wednesday, November 2. The company has a market cap of $11,685.40, a price-to-earnings ratio of 17.31, a PEG ratio of 2.48 and a beta of 0.34.

isis-killer-beheading-video-story-top Islanders get struck down by Lightning
Dec 07, 2017 - 07:35
The Islanders went 11 minutes without a shot to start the first and were outshot 11-2 overall in the period. The Islanders scored both their goals in the second period (less than two minutes apart).

isis-killer-beheading-video-story-top National Football League standings: Chargers, Chiefs and Raiders tied atop insane AFC West race
Dec 07, 2017 - 07:34
Seth Roberts contributed 46 yards in five receptions while Johnny Holton had 39 yards and a touchdown in three receptions. Offensively, the Raiders are averaging 20.8 points and 334.5 total yards (241.2 in passing and 93.3 in rushing) per game.

Hewlett (HPQ) Holding Upped by Meag Munich Ergo Kapitalanlagegesellschaft Mbh
Dec 07, 2017 - 07:32
Quantitative Investment Management Limited holds 0.22% of its portfolio in Exelon Corporation (NYSE:EXC) for 409,300 shares. In related news, EVP Paymon Aliabadi sold 13,333 shares of the business's stock in a transaction on Monday, September 11th.

isis-killer-beheading-video-story-top Jeffrey Tambor says he hasn't exited Transparent despite earlier statement
Dec 07, 2017 - 07:29
Tambor said he did not recall the encounter, but that if he did kiss her, it was simply a good-natured goodbye to wrap up filming. The series remains suspended until Amazon concludes the investigation.