Digital currency exchange NiceHash says bitcoin worth almost $64 million hacked

Bitcoin soars then falls back; banks raise risk concerns

NiceHash didn't say how much bitcoin was stolen from its wallet or how much of what was stolen belonged to its customers. Nicehash offers a server where individuals offer computing capacity to bitcoin miners to mine bitcoins via complicated math equations in order to create blockchains, the basis for cryptocurrency. We are now investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.

The swings in price occurred just as the trading community prepares for bitcoin to start trading on two established US exchanges.

Two hours later, a user by the name of Erik Callesen posted an image showing an outgoing transaction he claimed he did not make. Others say they can be helpful methods of payment, such as in crisis situations where national currencies have collapsed. The company confirmed the hack today, but did not release totals.

The Mount Gox hack in 2011 transferred nearly 10 times the bitcoins that NiceHash's security breach involved. "We are working to verify the precise number of BTC taken", the marketplace said.

The hack occurred just as the trading community prepares for bitcoin to start trading on two established US exchanges.

Zimbabwe: China Extends $153m Loan for Mugabe Airport, New Parliament
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Strong winds and dry conditions are fueling the flames in southern California
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Express Scripts Holding (NASDAQ:ESRX) Gets an Upgrade to a Underperform Rating
Proshare Advisors Llc increased Bed Bath & Beyond Inc (NASDAQ:BBBY) stake by 57,722 shares to 70,886 valued at $2.16M in 2017Q2. Following the purchase, the chief executive officer now directly owns 98,628 shares in the company, valued at $6,029,129.64.

Although the NiceHash team did not reveal any amounts that may be missing, users circulated a wallet address that indicated 4,736.42 bitcoins - worth more than $62 million - is missing.

He said the company was co-operating with local authorities but declined to give more information.

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

NiceHash will continue to update us on their endeavors into the matter and encourages all users to change their online passwords.

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