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Nicehash, Cloud Miner, Gives Back Over Half of Crypto Lost in 2017 Attack

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Tue, 08/28/2018 - 10:07
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Yuri Molchan
Little less than 5,000 BTC were stolen from Nicehash servers during. Back in 2017, when this cloud mining startup was attacked, at the historical high of BTC prices
Nicehash, Cloud Miner, Gives Back Over Half of Crypto Lost in 2017 Attack
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In December, a little less than 5,000 Bitcoins were stolen from Nicehash servers during. Back in 2017, when this cloud mining startup was attacked, at the historical high of BTC prices, the value of the stolen coins was gauged at about $65 mln. After the incident, the crypto market collapsed with BTC quotes dropping almost 80 percent.

The Slovenian police are still working on the case. The local law enforcement agencies, cooperating with them, say that cyber crimes take longer to solve than regular ones, since hackers as a rule act from abroad and are skilled at concealing their real identities.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.