Undisclosed amount of bitcoin stolen in NiceHash breach

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The news was confirmed by NiceHash after the service went offline claiming to be undergoing maintenance.

In all, it is a devastating hack that is another in a series of high profile crypto currency heists that have traditionally left users out money and the company destroyed.

Slovenia-based NiceHash said in a statement posted on its website that it had halted operations for 24 hours as it investigated the breach.

A hacker successfully breached cryptocurrency mining marketplace NiceHash, resulting in the theft of up to $62 million worth of bitcoins. Bitcoin reached 12,000 dollars per Bitcoin today. "We are now investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours", the marketplace said in a statement late on Wednesday.

While NiceHash was unable to specify how much bitcoin had been stolen, users have pointed to a bitcoin wallet which holds 4,736.42 bitcoins - equivalent to $68 million. We are working to verify the precise number of BTC taken.

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From the statement, it would seem that the entire contents of the said wallet have been emptied by the hackers, who reportedly found a vulnerability in the payment system of the site.

The company stated that, in addition to an internal investigation, they had contacted the "relevant authorities and law enforcement" and that they are working to "rectify the matter in the coming days". However, not all users of the service do transfer their funds to their own wallets, hence why the company was sitting on a large stash of bitcoin to begin with.

We would not exist without our devoted buyers and miners all around the globe.

"While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords", NiceHash warned users. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. Your press release said nothing about sending us what you owe.

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