The United States releases new crypto bill
The United States House Financial Services Committee has released the third draft of a stablecoin bill for crypto regulation.
In a statement issued this Wednesday, cryptocurrency mining marketplace NiceHash has confirmed that it has been hacked and an estimated sum of over 4,000 bitcoins have been plundered.
NiceHash, formed in 2014, is an online cryptocurrency mining market where miners rent out their hash rate to others.
Read: Tether claims hackers have swindled over $30 million USD worth of tokens
The announcement comes after the service experienced lengthy downtime, and after multiple users took to the internet to claim that their NiceHash-linked wallets had been emptied.
In a statement, the NiceHash team confirmed that “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. Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days.”
The team continued to clarify that “In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency.”
NiceHash has not, as yet, officially clarified what amount had been stolen – however, a new wallet address highlights a balance of some 4,736.42 BTC could have been stolen. At press time, that amounts to some $68,186,425.92 USD.
The company has urged its customers to change their passwords in the wake of the breach and has promised to elaborate as investigations continue.
Should we receive comment or update, we will update this story accordingly.
Read: Traveler loses $100K in Bitcoin over a public wireless network
What are your thoughts? Be sure to let us know your opinion in the comments below!
The United States House Financial Services Committee has released the third draft of a stablecoin bill for crypto regulation.
The European Commission aims to use blockchain technology to streamline the cross-border verification process for credentials.
The United States Securities and Exchange Commission files a lawsuit against leading crypto exchange Binance.
After four months of declining figures, the number of Bitcoin ATMs across the world increased significantly in May.