Nicehash Security Breach – $62 million stolen!?

Nicehash, the extremely popular and easy to use mining platform, suffered a major security incident on Wednesday.

The entire contents of its Bitcoin wallet (rumoured to be totalling $62 million) was emptied by hackers and transferred to what is thought to be this address.

Nicehash have released a statement 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.

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.

We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity.

We would not exist without our devoted buyers and miners all around the globe. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. We will endeavour to update you at regular intervals.

While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords.

We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible.

The speculated bitcoin address is obviously being closely monitored by many Nicehash users, so for the hacker to actually gain access to their new cash will be very difficult.

Unless you used Nicehash’s wallet, the amount lost will most likely be minimal as reimbursement looks highly unlikely. Regardless, Bitcoin has soared to a new high of over $13,000.


Have you been affected by the security breach? Tell us about it in the comments below!


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