The hacking of the Slovenian Bitcoin mining marketplace, NiceHash, took place last December 6th. The firm announced that it has reimbursed almost 60% of all stolen funds. As a result of the hack, 4,700 BTC worth around $65 million was stolen from the firm.
NiceHash Provides 7th Reimbursement
The firm, on its Twitter handle, announced that on Wednesday, August 1st, it had completed its 7th reimbursement.
The platform in a press release stated that its users who were registered prior to December 6th can log in to their account now. There they will find a tab “old balance” below the wallet portion on their dashboard. NiceHash says this tab will show users their total bitcoin amounts in their wallet which users had before the attack.
Users using external wallets at the time of the hack also come under the purview of the repayment program. These users will get instructions to see their old balance as well as monitor the progress of repayment.
Users Confront Huge Bitcoin Price Slump
At the time of the hack, the Bitcoin value was worth a $20,000. However, in the prevailing months, the Bitcoin price fell gradually. The current price is between $6,000 and $7,000 during most of August.
NiceHash CEO Marko Kobal had to wash his hands off his job as a result of the hack. He stepped down from his CEO post in January.
Explaining the reason for his resignation on his LinkedIn page, he said:
“As you are aware, since the recent security breach we at NiceHash have been working round the clock to rebuild our internal systems as well as management structure. I shall now stand aside and allow new management to lead the organization through its next, exciting period of growth – therefore I decided to resign as CEO of NiceHash.”
Continuing Investigations in Slovenia
Investigations with regard to the cyber-attack are still going on by the Slovenian police. This is according to a report by local media outlet STA. According to the Slovenian police, the investigation is complicated as well as demanding. That’s due to the hackers after the crime never remaining in the place and hiding their identities in several ways.
A quote from a press release of the STA reads:
“Information gathering and other activity are still underway and carried out with the help of international legal collaboration.”
Comments (No)