Bitcoins stolen after cryptocurrency site NiceHash hacked

Alfred Osborne
December 7, 2017

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

NiceHash, a website which offers Bitcoin in exchanges customer's computing power to mine other cryptocurrencies, confirmed that it had suffered a security breach early this morning.

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Two hours later, a user by the name of Erik Callesen posted an image showing an outgoing transaction he claimed he did not make.

"I think I got jacked and probably a lot of other folks?". Others say they can be helpful methods of payment, such as in crisis situations where national currencies have collapsed.

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Bitcoin is one of many cryptocurrencies, virtual "coins" that are "mined" by computers using complex algorithms. Another day, another bitcoin record.

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More than 4,500 bitcoins worth approximately $62 million at today's prices may have been stolen from the NiceHash exchange. "We are working to verify the precise number of BTC taken", the marketplace said. Around US$162 million in the cryptocurrency ether has been frozen after a novice hacker deleted a code library needed to access funds being stored in some Parity digital wallets.

NiceHash Site has been hacked that resulting the Bitcoin steel.

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

"While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords", the site told users.

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