NiceHash Hacked? Company Moves 56 Million in BTC During Outage

This morning, NiceHash — a company that rents its users’ hardware out to people speculating on altcoin mining —  announced a service outage on its social media accounts. Shortly after, users took the firm to task over their online balances being drained.

A Devastating Hack?

As the alleged outage takes place, addresses previously linked to NiceHash have been identified as cashing out 4700 BTC. At press time, the service is still down and NiceHash has yet to release a statement addressing hacking allegations.

The company’s “maintenance” follows site downtime and revisions to the service’s API on the 2nd and 4th of December, leading some to think that the update may have opened security holes that allowed an attacker to steal the company’s hot bitcoin balance.

While details on the situation are scarce, the address the balance was sent to has been identified, with a grand total of 4736.42 BTC deposited to it at 7 A.M. — just moments before the NiceHash shutdown announcement.

The only acknowledgment of the issue has been the company’s initial post and a splash page on the company’s website exclaiming that they’re doing maintenance: