Digital currency exchange loses $70 million in Bitcoins

On December 7, a large heist was carried out on a digital currency exchange and mining platform getting away with $70 million dollars worth of Bitcoins. “A hacker or a group of hackers was able to infiltrate our systems through a compromised company computer,” NiceHash CEO Marko Kobal said in a video statement Thursday.

NiceHash, which is one of the largest marketplaces for mining digital currencies has halted operations for at least 24 hours due to the security breach. The hackers most likely entered the system using a NiceHash engineer’s credentials. ⠀

“Given the complexity and security of the systems in place, this appears as an incredibly coordinated and highly sophisticated attack,” Mr. Kobal said.⠀

NiceHash recommends all of its users update their login information. All other major Bitcoin exchanges and mining sites have been notified about the breach.⠀

Published by Nova News

Published by

Patrick Vinson

Founder of Berning Media Network

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