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Detail Analysis

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Date:

Status:

Count:

Contributor:

December 8, 2017

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Verified

1

zerofriction.io

Loss Amount:

64,000,000

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Recovered Amount:

-

Currency:

Dollars, BTC

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Bitcoin

Website

Poor Key Management

Extended Method:

Private key leak, hot wallet

Data Sources:

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Slovenia-based cryptocurrency-mining marketplace NiceHash confirmed that its website was breached and payment system compromised, with the contents stored in its Bitcoin wallet stolen. The losses reportedly amount to nearly 4,700 bitcoins, or US$64 million. NiceHash allows users to buy and sell hashing power needed to mine cryptocurrency, which members can store in external or local BitGo wallets. The extent and impact of the incident are yet to be known or fully disclosed, but it means members stand to lose the cryptocurrency they’ve mined or accumulated through NiceHash

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.