Cryptocurrency mining company loses $80M in Bitcoin hack

2017/12/23 1:31:15

NiceHash, a cryptocurrency company in Europe, experienced a cyber attack and lost a whopping $80M.

 

Editor’s Note: While this article has no direct Ukraine nexus, we publish it here as a reminder for the benefit of Ukrainian actual and potential speculators as to the extraordinary level of risk such purchases entail. 

 


By Jimmy Rodela for Born to Invest, Dec 22, 2017

 

Hackers “stole” an approximate $80 million worth of Bitcoin from NiceHash – a cryptocurrency mining company based in Slovenia.

 

In a six-minute Facebook livestream, the company’s founders, Marko Kobal and co-founder Sasa Coh, apologized for the incident and assured customers that they are doing all they can to recover the stolen Bitcoins.

 

The heist happened just as the cryptocurrency has reached new heights and financial experts have begun shelling out predictions of where the Bitcoin is heading.

 

Aftermath

 

Following the hack, NiceHash shut down its operations.

 

The company also made its website inaccessible for 24 hours, according to a Verge report.

 

NiceHash said they are “fully committed to restoring service with the highest security measures at the earliest opportunity.”

 

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https://born2invest.com/articles/crypt ... ency-mining-bitcoin-hack/

 

 

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