Life
Life beyond style

Hackers have stolen more than $70 million worth of Bitcoin from cryptocurrency mining site NiceHash.

“Yesterday morning at about 1 a.m., a hacker or a group of hackers was able to infiltrate our systems through a compromised company computer,” NiceHash CEO Marko Kobal announced in a video statement Thursday.

Roughly 4,700 Bitcoins were stolen from the site’s online wallet. The price of Bitcoins is constantly fluctuating, but as of Friday afternoon in the Asian market, the stolen haul is worth approximately $75 million.

NiceHash initially announced that it would shut down for 24 hours because of the security breach, but the company later tweeted that “[the shutdown] might take longer than expected.”

In a statement released on reddit, NiceHash wrote that “While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords.”

In other news, Cryptocurrencies are reportedly ruining the planet.

  • Main & Featured Image: Dan Kitwood / Getty Images
Senior Staff Writer

Berlin-based writer and Rihanna enthusiast.

What To Read Next