NiceHash The Mining Service Got Hacked And Lost 4,450 Bitcoins Worth 60 Million

[HasHe]

Can we see the current price of Bitcoin is still very high. I guess they (Hackers) are not too clumsy and still hold the Bitcoin they stole, while waiting for the price to go up. So this will not affect Bitcoin now. And this is very possible.

That's really a terrible news for those who had leased hashing power on their GPU.It once again clearly shows that bitcoins should not be stored in any of the exchange wallets as it may get hacked at any time.With growing price of bitcoin,it being targeted by hackers is also increasing.

But still it has no impact on the bitcoin price and it continues to increase despite such shocking news.That shows actually how big the buy wall is.

[Walrus1]

If this news would effect the price it already would have. A lot of these cloud mining things are scams anyway

[giveen]

Why will btc dropped come on buddy we are not in 2015 or 2016 where hacking of bitfinex causes the price to fall by more than 40%. The amount lost is nothing even if they do sell it price might increase because of the bullish market.

Unfortunately the funds lost can't be returned only time will tell will nicehash compensate the loss.

Definitely smells like an exit scam.

Honestly it isn't if you observe nicehash simply allowed miners to share their power at the rate they want and interested users payed the appropriate price. Nicehash simply acted like a middleman.

[Rahar02]

It's nothing compared to bitfinex hacked last year which cause BTC120,000 lost in act, and here they are, keep in the business of global exchanges. After some hacked cases, it's weird for a big platform to keep big amount of bitcoin in hot wallet obviously, that's why people consider it as exit scam. They still trace this address and cooperate with law enforcement as well.
Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.
https://www.nicehash.com/

[trinitrate]

I guess the only good news is Im only out 5 days worth of mining revenue?  The climb in bitcoin certainly offsets that but, man, thats a kick in the teeth.

[TRexMcStubyArms]

I guess the only good news is Im only out 5 days worth of mining revenue?  The climb in bitcoin certainly offsets that but, man, thats a kick in the teeth.

Ditto  All my mining work is gone too

[8270thNinja]

Feels like this is an inside scam, this is just my assumption. This is becoming a "phenomenon" while Bitcoin reaching new highs many of the Bitcoin related websites getting hacked, is this normal? I don't think so, These people should know their responsibilities they are holding Bitcoin, a lot of Bitcoin which is not just a simple coin that deserves a poor security. This is really not acceptable.

It's nothing compared to bitfinex hacked last year which cause BTC120,000 lost in act, and here they are, keep in the business of global exchanges. After some hacked cases, it's weird for a big platform to keep big amount of bitcoin in hot wallet obviously, that's why people consider it as exit scam. They still trace this address and cooperate with law enforcement as well.
Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.
https://www.nicehash.com/

Agreed. Many of us considering this event as an exit scam.

[ncBB]

They must be a scammer unless they are not.