Millions 'stolen' in NiceHash Bitcoin heist

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vinsue
Grand Old Fart

Registered: 02/17/04
Posts: 17,953
Loc: The Garden State(NJ)

Millions 'stolen' in NiceHash Bitcoin heist

1
#24835247 - 12/09/17 08:38 AM (8 years, 10 months ago)

And now for some Bitcoin news.
http://www.bbc.com/news/technology-42275523

Quote:

"Highly professional" hackers made off with around 4,700 Bitcoin from a leading mining service, a Bitcoin exchange has said.

The value of Bitcoin is currently extremely volatile, but at the time of writing, the amount stolen was worth approximately $80m.

The hacked service was NiceHash, a Slovenia-based mining exchange.

It said it was working hard to recover the Bitcoin for its users, adding: "Someone really wanted to bring us down."

The attack happened early on Wednesday, said NiceHash's chief executive Marko Kobal. Attackers accessed the company's systems at 01:18 CET (00:18 GMT). By 03:37 the hackers, whom the company believes were based outside the European Union, had begun stealing Bitcoin.

The theft comes as the price of Bitcoin continues to surge, dumbfounding experts and stoking concerns of a bubble.

High-stakes attacks like this are not uncommon, with several large breaches and thefts hitting Bitcoin and other related services over the past year.

NiceHash is a mining service, a company that pairs up people with spare computing power with those willing to pay to use it to mine for new Bitcoin.

. . .

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larry.fisherman
shoulda died already

Registered: 11/03/12
Posts: 36,327

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: vinsue]
#24835944 - 12/09/17 03:00 PM (8 years, 10 months ago)

I’m surprised that with all the Bitcoin talk around lately that this hasn’t been more relevant. That is a lot of money. I’m sure there is already some exit-scam theories floating around. Until cyrpto becomes as fully protected as legitimate international currencies, this is just gonna become more common I think. It’s an easy target and worse yet this kind of thing will greatly effect the market. 4,700 bitcoin was a lot even in it’s inception.

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trees

Registered: 02/08/09
Posts: 9,917

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: larry.fisherman]
#24836117 - 12/09/17 04:28 PM (8 years, 10 months ago)

There were a few of these big hacks this week. Almost something to make me feel good about not having any bitcoin

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Stonehenge
Alt Center

Registered: 06/20/04
Posts: 14,850
Loc: S.E.

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: vinsue]
#24836610 - 12/09/17 09:09 PM (8 years, 10 months ago)

That may be why btc has dipped today and a bit the last couple days too. The crooks dumped their coin for whatever they could get. It means now is a good time to buy.

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twighead
mͯó

Registered: 08/27/08
Posts: 35,298
Loc: Glenn Gould's Fuck Windmill

Last seen: 17 hours, 1 minute

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: larry.fisherman]

1
#24836647 - 12/09/17 09:31 PM (8 years, 10 months ago)

Doesn't have as much to do with anything inherent in BTC as it does with a lot of second-rate design, lackluster secured services popping up around it - store your coins offline and you'll be fine.

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twighead
mͯó

Registered: 08/27/08
Posts: 35,298
Loc: Glenn Gould's Fuck Windmill

Last seen: 17 hours, 1 minute

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: Stonehenge]
#24836650 - 12/09/17 09:31 PM (8 years, 10 months ago)

Stonehenge said:

That may be why btc has dipped today and a bit the last couple days too. The crooks dumped their coin for whatever they could get. It means now is a good time to buy.

Possibly - though a dip after a headlong 7,000$ rally isn't uncharacteristic either.

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Shroomopotamus
Happy Mushrooming

Registered: 09/27/09
Posts: 18,757
Loc: Funkotron

Re: Millions 'stolen' in NiceHash Bitcoin heist

[Re: vinsue]
#24836764 - 12/09/17 11:21 PM (8 years, 10 months ago)

It was bound to happen eventually.

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