NiceHash Hacked: $62 Million Stolen?

[BlackRock]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

[1713924234]

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[Noore Najjar]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

 Settling on quick moolah for altcoins will be magnetic as they inflatable 100%+ during times, in any case you must figure it out Over $200 worth the effortt + whatever how much hardware costs, often raising 30 million+ USD inside hours. Now, this will be how you make money! At absolutely not Toward purchasing this hash things.

[mjohn]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

Exactly true. Here is the hackers address:
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

[bit247]

sad, but that's what it is! its never a good idea to use a centralized service.

[cryptogbumper]

who knows, just like GOX... maybe another inside job~~~

[bitcoinisbest]

who knows, just like GOX... maybe another inside job~~~

This is still unconfirmed as such if it's a insider job or is it actually being hacked . It's though very sad beacuse people have lost their hard earned Btc and whose value today is at its high. Just think if it's their own created scam and they do hold the btc themselves and now they are billionaires. Thing should be sorted out quickly and people should get back their Btc.

[bg17aw]

I'am not an expert, but seems like 4700 BTC it's not a huge amount for a company the size of nicehash

Anyone knows how much BTC was nicehash generating daily?

[dead_m92]

I'am not an expert, but seems like 4700 BTC it's not a huge amount for a company the size of nicehash

that is a huge amount for anyone, 62 million dollars is just an amount that i will never be able to count, and probably none of us.

But yes, a lot of other mining companies are making about $50,000 a day worth of bitcoins, and they are earning much more from the fees that they get from the miners.

i am surprised because the hacker hasn't dumped those bitcoins yet, i do not know why.. maybe it was a gift just for the whole community to keep the price on the same levels, lol.

[kimochidesh]

This news real confirmed by NiceHash as well it is trending nowadays on various media platforms, decentralized wallet are not at all safe.
We all should get alert for our funds right away with this news...The best place to keep your BTC is private key wallets like bitcoin core or mycelium etc or hardware wallets like trezors etc.
I am buying a trezor right away to keep my funds safe and secure.

[LTU_btc]

It looks really suspicious that Nicehash was "hacked" when Bitcoin price going up crazy. Inside job, or what? Why they did kept so many Bitcoins in hot wallet? I'm not familiar with specifics of mining pools, maybe they can't store bitcoins in cold wallet? If yes, how about other mining pools, do they also use hot wallets to store all funds? Now I would feel very unsafe to keep bigger amounts of btc on such mining pools.
Sorry for all these people who lost their btc...

[Decoded]

Another reason not to store your money on services that you have no control over. Nothing is more safe than when it's with you, when you're responsible. If anything, use a service that is insured.

I'am not an expert, but seems like 4700 BTC it's not a huge amount for a company the size of nicehash

Anyone knows how much BTC was nicehash generating daily?

It's actually quite a lot. Besides this, why would they hold any more in one address? I would keep max 1000 BTC in a hot wallet, the rest would be liquidated, or in cold storage.

[Mr.X(999)]

What a lot of money. 
It is real ? Hacked ?
He run away with your money 

[bmartin44]

So, can we explain the current bitcoin dropped because the hacker dumped the stolen coins?

[pramila28]

Nice Hash can't run away - their service is really awesome 

Nice Hash should remain with their action on Hacker to get back their bitcoins - Amount $62 Million is not a Joke 

[vv181]

Nice Hash can't run away - their service is really awesome 

Nice Hash should remain with their action on Hacker to get back their bitcoins - Amount $62 Million is not a Joke 

I hear a rumor it's an inside job, but I'm not sure. I agree with you, Nicehash has many benefits to miners, especially their auto-switch miner. And yeah, its a massive amount of money that Nicehash lost.

[bit-emperor]

What a lot of money. 
It is real ? Hacked ?
He run away with your money 

at the first time i read this news i'm not really sure if they have been hacked, ,moreover as we all know the price of bitcoin is very high about 15000 usd , may be they want to run all investors money and make a scenario that they have been hacked

[L0uis]

Terrible things happen in crypto and this is one of them. Nobody knows whether it was actually hacked or whether Nicehash's intentions went bad. It will remain a mystery. It sure is a huge amount and the sad thing is nothing can be done about it.

[swogerino]

Nice Hash can't run away - their service is really awesome 

Nice Hash should remain with their action on Hacker to get back their bitcoins - Amount $62 Million is not a Joke 

I hear a rumor it's an inside job, but I'm not sure. I agree with you, Nicehash has many benefits to miners, especially their auto-switch miner. And yeah, its a massive amount of money that Nicehash lost.

All evidence is pointing so , Matjaz Skonjanc was behind the Nicehash team and he was working for them. He was arrested a few years ago for the Mariposa botnet who stole 12 million of dollars from many computers worldwide back at that time. I wouldn't be surprised if he did this again to Nicehash, you steal once you steal always it is the saying. For those who don't know is the guy to the right from the livestream of Nicehash.

[gabbie2010]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

I believed it is high time programmers should look into blockchain technology with a view of tracking or tracing those stolen bitcoin by hackers, this will go a long way in completely discouraging or eliminating the stealing of coins, it is very obvious that an insider must be linked to the stolen $62 million of NiceHash this increasing daily cases of stolen bitcoin will also discourage potential investors and could mar the future of bitcoin.

[pramila28]

Will they come back? did they get back their bitcoins? or its a big loss for them??

[markers]

Similar sad stories are repeated again and again. All these hurt crypto community in general and its integrity in particular. Sorry for all people who lost money!

[Nahl]

i was wondering why cloud mining service or similar of them ended by hack while they have a lot of costumers and a lot of money involved at there but my friend told to me that he hasn't believe this news and he said this is manipulated to stole costumers money but i personally do not want to speculated and consider this incident as one of the biggest losses in bitcoin histories

[1Referee]

but my friend told to me that he hasn't believe this news and he said this is manipulated to stole costumers money but i personally do not want to speculated and consider this incident as one of the biggest losses in bitcoin histories

It reeks of inside theft, which is something the far majority of the community would definitely agree with. Everything around them make red flag signals pop up, and that while they had quite a decent platform running. It reminds me of how well MtGox was running, but still Mark Karpeles couldn't resist running with people's money, and that while he had an insane stash of coins already. It was stated that he had 100,000BTC of his own, and yet it wasn't enough for him. That's how things go unfortunately - greed is root of evil in these cases. These things will keep happening as long as we largely depend on centralized exchanges, and people keep investing in anything having to do with mining.

[RamonBTC]

I don’t know what to say, im not totally surprised that it happened in this time that bitcoin price is so high. Believe me, I don’t want to blame or give accusations without proofs but this hacking incidents repeatedly used by this big companies to get away with millions of dollars. It was planned and surely someone inside is the one own that address.

[cryptocurrencyguru]

Yes, very hard to digest with the millions of dollars how can they steal is possible. It's people money how cant they provide security to the wallets. Really scary to invest in this cloud mining website because people will kept investment with lot of hopes, finally with loss.

[notbatman]

911 was an inside job.

[Darooghe]

Just read their last Twitter's post and found out they don't know how the bitcoin work!

[Darooghe]

Just read their last Twitter's post and found out they don't know how the bitcoin work!

I don't know How the people can trust them again? They haven't any basic skills/information about bitcoin!

[lumeire]

Just read their last Twitter's post and found out they don't know how the bitcoin work!

I don't know How the people can trust them again? They haven't any basic skills/information about bitcoin!

You can't. This makes me even think more that the hack was an inside job. I hope this gets to be investigated with appropriate legal repercussions. We can't let this hacking incidents be this common occurrences anymore since the tech is getting mainstream.

[Sevarchik]

One of the part of this 62 billion is my 20 dollars
Maybe he pay back little summs )))

[notbatman]

One of the part of this 62 billion is my 20 dollars
Maybe he pay back little summs )))

Maybe the hijackers passport really did fall out of the World Trade Center wreckage in mint condition and all this conspiracy talk about the Jewish ehno-state of Israel pulling the buildings down in a controlled demolition is just crazy talk. How anybody could think that an apartheid state of innocent merchants could be capable of such an act of terrorism is beyond me.

[elwiswoodie]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

Exactly true. Here is the hackers address:
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

$ 66 million, imagine what the money is for?
his hackers must also be confused, how to spend that much money
while the government continues to monitor the accounts of suspicious people

[Zadicar]

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins


https://www.cryptocoinsnews.com/bitcoin-mining-marketplace-nicehash-hacked-62-million-stolen/?utm_campaign=crowdfire&utm_content=crowdfire&utm_medium=social&utm_source=twitter#883473539394875395-tw#1512677281295



Is this true ?

Exactly true. Here is the hackers address:
https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq

$ 66 million, imagine what the money is for?
his hackers must also be confused, how to spend that much money
while the government continues to monitor the accounts of suspicious people

Its none of our business on how he would use and consume all the money he had stolen on nicehash. $65m is really some life changing amount and you can already done lots of things with that money.I am very sure recovery would really be hard on stolen funds and the thing they can do as of now is to track such movement of those coins but I do believe those coins would sit for a while on what wallet or either be gradually be deposited to other wallet by the use of mixers. Leaving out trails is the main mission of the hacker for sure.

[notbatman]

911 was an inside job.

[richardsNY]

I am very sure recovery would really be hard on stolen funds and the thing they can do as of now is to track such movement of those coins but I do believe those coins would sit for a while on what wallet or either be gradually be deposited to other wallet by the use of mixers. Leaving out trails is the main mission of the hacker for sure.

I doubt that these coins will end up getting deposited or mixed since it may result in these coins getting seized once deposit has confirmed. The entities behind it know very well how things work, and will likely end up setting up a brand new service where people will end up getting these tainted coins in the long term. It's basically like how there nowadays are thousands and thousands of people having tainted MtGox coins that we're distributed through BTC-E during their last years. One way or another, these coins will end up being the best thing the con artist behind this inside job have ever experienced. Something that happened successfully once, will likely be reason to give it another go for a second attempt.

[deadsilent]

I've seeing this news for days now. I think it's true as i saw their statement before. But they just make an alibi that they are just having technical issues regarding to their website. I just don't know if they are now on operation. Many are saying that this is just an excuse for their exit scam like other cloudmining did to others. This is why i don't invest into this kind of investment. First, the profitable is questionable and most of all it's hard to trust them since their reputations are bad because of the scam cloudmining. I never heard what will be their solution to this. I hope investors will be able to recover their funds there.

[RGBKey]

I am very sure recovery would really be hard on stolen funds and the thing they can do as of now is to track such movement of those coins but I do believe those coins would sit for a while on what wallet or either be gradually be deposited to other wallet by the use of mixers. Leaving out trails is the main mission of the hacker for sure.

I doubt that these coins will end up getting deposited or mixed since it may result in these coins getting seized once deposit has confirmed. The entities behind it know very well how things work, and will likely end up setting up a brand new service where people will end up getting these tainted coins in the long term. It's basically like how there nowadays are thousands and thousands of people having tainted MtGox coins that we're distributed through BTC-E during their last years. One way or another, these coins will end up being the best thing the con artist behind this inside job have ever experienced. Something that happened successfully once, will likely be reason to give it another go for a second attempt.

This is true. People keep proposing a "coin blacklist" but it's not feasible. There's so many ways now to break the chain of transactions, through mixers or altcoins like monero, that so many innocent, normal people would end up with "tainted" coins and would be told they can't spend them because they're stolen. This would hurt the fungibility of Bitcoin, and it's why it's never happened.

[coindetective]

They will restart their service and two months after that, nobody will ever ask about their stolen money. A perfect theft!

[btc-facebook]

They will restart their service and two months after that, nobody will ever ask about their stolen money. A perfect theft!

IMO this is the disadvantage if government is not involve because they can't investigate more further the hacked case. ( If hacking happen on my place )
But even though if police try to find the culprit, it won't be easy as we can see the fact, I can't find any hacking case being resolve on bitcoin incident !

[notbatman]

but my friend told to me that he hasn't believe this news and he said this is manipulated to stole costumers money but i personally do not want to speculated and consider this incident as one of the biggest losses in bitcoin histories

It reeks of inside theft, which is something the far majority of the community would definitely agree with. Everything around them make red flag signals pop up, and that while they had quite a decent platform running. It reminds me of how well MtGox was running, but still Mark Karpeles couldn't resist running with people's money, and that while he had an insane stash of coins already. It was stated that he had 100,000BTC of his own, and yet it wasn't enough for him. That's how things go unfortunately - greed is root of evil in these cases. These things will keep happening as long as we largely depend on centralized exchanges, and people keep investing in anything having to do with mining.

You hit the nail on the head there, their software worked really fucking good at switching everything. It's like it was a professional operation run by a government agency with a lot of experience in IT.

[Zadicar]

I am very sure recovery would really be hard on stolen funds and the thing they can do as of now is to track such movement of those coins but I do believe those coins would sit for a while on what wallet or either be gradually be deposited to other wallet by the use of mixers. Leaving out trails is the main mission of the hacker for sure.

I doubt that these coins will end up getting deposited or mixed since it may result in these coins getting seized once deposit has confirmed. The entities behind it know very well how things work, and will likely end up setting up a brand new service where people will end up getting these tainted coins in the long term. It's basically like how there nowadays are thousands and thousands of people having tainted MtGox coins that we're distributed through BTC-E during their last years. One way or another, these coins will end up being the best thing the con artist behind this inside job have ever experienced. Something that happened successfully once, will likely be reason to give it another go for a second attempt.

This is true. People keep proposing a "coin blacklist" but it's not feasible. There's so many ways now to break the chain of transactions, through mixers or altcoins like monero, that so many innocent, normal people would end up with "tainted" coins and would be told they can't spend them because they're stolen. This would hurt the fungibility of Bitcoin, and it's why it's never happened.

It doesnt actually hurt bitcoin since this thing is jus a common scenario on which we didnt even know if those coins we do hold up is tainted or not. Transactions or trails can be mixed up so thats why its so really easy or not really a doubt for those who do hacked or stole bitcoins since they do know on how to leave without any trails or completely anonymous.