Source: iol.co.za

CAPE TOWN -- Crypto-currency mining website NiceHash has experienced a security breach which has resulted in theft of its Bitcoin wallet.-


NiceHash allows crypto mining rig owners to sell their hashing power on a marketplace, which sees them earn Bitcoin at regular intervals.


The firm announced the breach on social media as well as- its website.-


-quot;We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours-quot;, said NiceHash in a statement.



-quot;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-quot;, said NiceHash.-


File Picture: Kacper Pempel/Reuters

NiceHash has urged users to change all online passwords as a precaution.


“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 firm concluded.




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