The Most Devastating and Interesting Cyberattacks and Hacks of 2017

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The Most Devastating and Interesting Cyberattacks and Hacks of 2017, slide 20

Largest Crypto-Mining Exchange Hacked and $70 Million in Bitcoin Stolen

(from December 8)

NiceHash, the largest Bitcoin mining marketplace, has been hacked, which resulted in the theft of more than 4,700 Bitcoins worth over $57 million (at the time of breach). And guess what? You’ll be surprised to know that the stolen BTC now worth over $70 million—in less than 24 hours.

On Wednesday, several NiceHash users reported that their BTC wallets had been emptied, which was later confirmed by NiceHash after its service went offline claiming to be undergoing maintenance.

At the time of writing, the NiceHash service is still offline with a post on its website, confirming that “there has been a security breach involving NiceHash website,” and that hackers stole the contents of the NiceHash Bitcoin wallet.

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