Fun

Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

News Feed - 2020-12-20 05:12:12

Nicehash Crypto Mining Pool "Fully" Reimburses All Users Affected by 2017 Hack


A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack


According to the letter published by Martin Škorjanc, CEO of Nicehash, the company “fully” reimbursed all its user affected in what they called the “largest theft in Slovenian history,” and said that still unknown criminals stole 4,640 bitcoins from our users, worth 55 million at the time and over 100 million US dollars today, during a security breach.


Nicehash was hacked on December 6, 2017, when its website went down and it was forced to interrupt all its operations. At the time, the company said in a Reddit post that “our payment system was compromised, and the contents of the Nicehash bitcoin wallet have been stolen.” The platform was back online just two weeks after the security breach.


Škorjanc added more comments on the letter addressing the reimbursement process: At the time, many tried to convince us that there was no solution for us. A flock of various consultants and experts began circulating us, persistently telling us that our story was over. Everybody started offering us different ways to shut down the company most elegantly and make the most of the collapse.


No Indications on Who Are the Authors of the Cyberattack


Slovenian police officials took the case as a criminal investigation right after the cybersecurity attack happened against Nicehash, who said they’re still working on the matter with international support, as hackers are usually based abroad.


However, there are no fresh updates on who the alleged culprits are behind the attack, nor indicate whether they’re state-sponsored hackers or not.


The Ljubljana-headquartered Nicehash claims to be the “largest crypto-mining marketplace.” The service connects sellers and buyers of hashing power.


Do you think that one day the authorities will be able to identify the authors of the theft of Nicehash’s bitcoins? Let us know in the comments section below. Two Rubygems Infected With Crypto-Stealing Feature Malware Spotted by Researchers SECURITY | 15 hours ago FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms SECURITY | 18 hours ago Tags in this story Bitcoin Core, Bitcoins, BTC, Cloud Mining, Coins, crypto mining, Cryptocurrencies, Cryptocurrency, cryptos, Hack, Hackers, hashing power, Investigation, mining pool, N-Featured, Nicehash, Nicehash Mining Pool, slovenia, Slovenian, stolen


Image Credits: Shutterstock, Pixabay, Wiki Commons Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

VanEck and 21Shares send amended Ether ETF filings to SEC
Turner Wright4 hours agoVanEck and 21Shares send amended Ether ETF filings to SECSome experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as
Prashant Jha3 hours agoOver $204M lost to DeFi hacks and scams in Q2: Finance RedefinedThe top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains.576 Total
Casa's multi-key solution for tackling self-custody Bitcoin inheritance
Gareth Jenkinson9 hours agoCasa"s multi-key solution for tackling self-custody Bitcoin inheritanceCasa’s new self-custody inheritance feature will support multi-key vaults that allow benefactors to inherit BTC, ETH, US
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S
Citrea raises $2.7M in seed funding to launch Bitcoin ZK-rollup
Jesse Coghlan5 hours agoCitrea raises $2.7M in seed funding to launch Bitcoin ZK-rollupChainway Labs’ ZK-rollup project Citrea secured initial funding to bring the solution to market, which could allow for NFTs and blo
Argentine Soccer Association AFA Partners With Upland to Enter the Metaverse
Argentine Soccer Association AFA Partners With Upland to Enter the Metaverse The Argentine Soccer Association, AFA, has partnered with Upland, a virtual world platform, to introduc
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
Maple Finance Lending Pool Delegate "Identified a Number of Key Weaknesses" Tied to FTX"s Alameda Research According to a report from Orthogonal Credit, a delegate of Maple Finance
Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last Time
Este artículo también está disponible en español. Crypto analyst CrediBULL Cryptohas revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst f
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash SupportOn May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid
Ethereum stans are putting the Bee Movie on blobs for as little as $5
Tom Mitchelhill6 hours agoEthereum stans are putting the Bee Movie on blobs for as little as $5A developer uploaded the entire Bee Movie script to the Ethereum network to show off reduced data costs brought about by Ethe
6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the Pack
6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the PackOn June 24, a Reddit post had a few Bitcoin Cash proponents discussing a number of privacy enhancemen
Dogecoin ATH Incoming? Analyst Issues 2-Day Price Forecast
Este artículo también está disponible en español. Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new a