NiceHash diced up by hackers, thousands of Bitcoin pilfered

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NiceHash didn't say how much bitcoin was stolen from its wallet or how much of what was stolen belonged to its customers.

On Wednesday, NiceHash announced there was a security breach involving the company's website which compromised their payment services, and the contents of the users' bitcoin wallets.

Cryptocurrency mining market NiceHash says it has fallen victim to a hacking attack that may have resulted in the loss of its entire Bitcoin wallet. The announcement came 12 hours after NiceHash suddenly informed users that they were undergoing maintenance.

"Either I got hacked or something is up", Callesen wrote.

"I think I got jacked and probably a lot of other folks?".

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The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as the frenzy surrounding the virtual currency escalated just days before it starts trading on a major USA exchange. We are working to verify the precise number of BTC taken. That prevents cheaters from spending the same digital coin twice. Despite the widespread notion that the blockchain technology behind bitcoin and other cryptocurrencies is safer and more trustworthy than that underlying other kinds of digital financial transactions, startups in the industry have struggled to secure their sites and software against hackers.

While the company hasn't revealed the exact amount that was in the wallet, customers have been circulating a recently created wallet address containing 4736 bitcoins.

In addition to conducting an internal investigation, NiceHash said that they have reported the incident to "relevant authorities and law enforcement" and are "co-operating with them as a matter of urgency".

NiceHash will continue to update us on their endeavors into the matter and encourages all users to change their online passwords.

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