Thursday 7 December 2017

Bitcoin cryptocurrency marketplace NiceHash loses millions for hackers

bitcoin nicehash hacked

While many Bitcoin investors are waddling in record valuations, some are facing an astonishing loss.
Crypto-currency marketplace NiceHash said Wednesday that hackers stole the contents of its virtual wallet, amounting to over $ 60. million. The breach was announced the same day Bitcoin rose 18.2% to go through the $ 13,000 and then $ 14,000 per room for the first time.
NiceHash, a market for cryptocurrency exploitation in the cloud, made its announcement after a breakdown of several hours attributed to "maintenance" and reported to NiceHash users that their portfolios had been emptied. NiceHash suspended its operations for 24 hours to determine how many bitcoins were stolen and how. But a report by Coindesk suggests that the portfolio contained 4,736 bitcoins, worth about $ 66 million at current prices.
"This is a matter of deep concern and we are working hard to fix it in the coming days." said in a statement. "In addition to conducting our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are cooperating with them urgently."
In the meantime, NiceHash recommends users to change their passwords
Bitcoin has proven popular with currency traders, running massive in 2017. On January 1 of this year, the price of bitcoin was just under $ 1,000. On Wednesday, the currency rose from $ 2,170 to $ 14,095 before settling at $ 13,696 so far and giving it a market capitalization of $ 231 billion.
This is not the first time that a bitcoin wallet is the victim of a lack of security. One of the most famous security breaches resulted in the exchange of bitcoin Mt. Gox went bankrupt in 2014 after losing nearly 850,000 customers and exchanged bitcoins.

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