Larceny of $70 million from the largest crypto-mining marketplace

The notice announcing "service unavailable" as well as an official press release was displayed on the website of the Slovenian digital currency mining firm NiceHash, which it said endured a hack of its Bitcoin wallet on the seventh of December.

 In a video update that streamed live on Facebook, the CEO and co-founder Marko Kobal provided an update to a rather startling declaration that the organization, established in 2014, had been subjected to a hack and ensuing theft which additionally compromised its payment system also.

 The news was accompanied by the increasing reports of vacant wallets as well as an additionally expanded downtime period for the service's website; every one of the operations for the website in question has been halted for the following 24 hours.

As per Kobal, the attack began in the early hours of December 6 after a worker's PC had been compromised , he further added that their team is working with law enforcement and clarified that " we're still conducting a forensic analysis” to determine how it all happened and to discover the exact amount of bitcoin that was stolen.

Kobal went ahead to state that he couldn't give extra points of interest, however, he added that the attack seems, by all accounts, to be “an incredibly coordinated and highly sophisticated one.”

However the Wall Street Journal reported that, Andrej P. Škraba, the head of the marketing at NiceHash, affirmed to the outlet that roughly 4,700 bitcoins, worth up to $70 million disappeared from NiceHash's bitcoin wallet, Škraba also told the Journal that he too like Kobal trusted that "it was a professional attack", but would not give any more information on the matter, taking note of that the further improvements would be released at a later date.

NiceHash, which exhorted its clients to change their online passwords after it stopped operations on Wednesday, has given a couple of other insights about the attack on its payment system also.

"We ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service", it said on its website.

The Slovenian police said that were investigating the hack, but however, declined to further comment.
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