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Author Topic: [2017-12-07] Mining Service Nicehash Hacked, $60 Million in User Funds Stolen  (Read 4331 times)
davey76 (OP)
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December 07, 2017, 08:40:40 AM
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The mining service Nicehash was reportedly hacked today, with over $60 mln in funds stolen. Users report that funds have been moved from their own internal Nicehash Bitcoin addresses to a single Bitcoin address controlled by an unknown party. The company released a statement on Reddit, saying:

    “Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours. Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

More: https://cointelegraph.com/news/mining-service-nicehash-hacked-60-million-in-user-funds-stolen

This is the wallet with the stolen bitoin: https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 07, 2017, 11:39:56 AM
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I had around .02 BTC in NH wallet, waiting for further updates from Nicehash.

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December 07, 2017, 08:27:08 PM
 #3

From the horse's mouth, Official Statement.

Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.

Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.

https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/
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December 07, 2017, 10:19:42 PM
 #4

Like there wasn't enough of cloud mining scams and disasters we have another one. How much is it going to take for people to learn that cloud mining, even if it's not a scam, is very risky and unprofitable. And can we please stop calling them "mining service operators" and start telling people that cloud mining hasn't got much in common with real mining and on top of that these hustlers can't even keep their coins offline.

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December 08, 2017, 12:43:55 AM
 #5

Like there wasn't enough of cloud mining scams and disasters we have another one. How much is it going to take for people to learn that cloud mining, even if it's not a scam, is very risky and unprofitable. And can we please stop calling them "mining service operators" and start telling people that cloud mining hasn't got much in common with real mining and on top of that these hustlers can't even keep their coins offline.

+1!!

This is not a hack, it's a basic security lapse by dorks, probably an inside job.

Cloudmining.... Roll Eyes Roll Eyes Roll Eyes

PIA went evil: https://bitcointalk.org/index.php?topic=5203968.msg53160131#msg53160131 Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0    Do not trust Yobit/HitBTC/BiteBTC/coinsbit/p2pb2b/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/ADAB/Okex/TradeSatoshi/Gate.io/Changelly/Freewallet.org/crex24 scam exchanges or ICO's by known scammers like HashCoins/Ambisafe/Bountyhive - they WILL scam you! Use diligence & research. Buy coins, sell coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
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December 08, 2017, 01:22:44 AM
 #6

The mainstream media has picked up on this as well. If you look at how non crypto people react to that article, I actually feel embarrassed for their stupidity as human beings. It's ignorance of the highest levels.

Instead of thinking that NiceHash as service has been hacked, or robbed from inside, they confidently say that Bitcoin got hacked and that all people hodling Bitcoin are at risk as well since the 'code' has been cracked.

I however also sense a high level of bitterness. It's like if they bought Bitcoin before this rally started they would be all positive, but now they see the price go up and they miss out, that it is a scam, has no value, and the list goes on.

BSV is not the real Bcash. Bcash is the real Bcash.
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December 08, 2017, 03:47:31 PM
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Instead of thinking that NiceHash as service has been hacked, or robbed from inside, they confidently say that Bitcoin got hacked and that all people hodling Bitcoin are at risk as well since the 'code' has been cracked.

As long as people don't understand that if you hand your Bitcoins over to a completely stranger (i.e whatever service), you depend on that entity to take care of your coins properly, have it maintain its platform properly so you have always 'access' to your coins, and to not have it run with your coins. If people drop their greed, and just keep their coins offline in a properly secured way, no one will ever have to suffer from coin loss. It's a shame that Bitcoin gets blamed for this all the time, but there is nothing that we can do about it unfortunately. The majority of the people don't know what they are doing here other than hoping to bank on Bitcoin's boom, but instead of banking on Bitcoin, they are tanking on Bitcoin. Cheesy
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December 08, 2017, 08:12:08 PM
 #8

It is most likely an inside job.
Nice hash has been operating long enough that they should know basic opsec on how to store bitcoin from hacks
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