Bitcoin Mining Pool Suffers Cyber Attack, $700K Stolen

Trending 8 months ago

Cybercrimes are expanding some successful numbers and sophistication. The latest to find itself connected the receiving extremity was the Bitcoin mining pool,, which announced suffering a cyber onslaught connected December 3rd.

The perpetrators siphoned definite integer assets worthy $700,000 owned by’s clients and astir $2.3 cardinal successful plus worth owned by its genitor firm, BIT Mining Limited.

  • According to the official property release, the incidental was reported to the Shenzhen instrumentality enforcement authorities successful China. Some of’s stolen assets person already been recovered.
  • The authorities launched an probe past week that kicked disconnected with collecting grounds and person requested further assistance from BIT Mining and coordination with applicable agencies.

“In the aftermath of discovering this cyberattack, the Company has implemented exertion to amended artifact and intercept hackers. is presently operating its concern arsenic usual, and isolated from its integer plus services, its lawsuit money services are unaffected.”

  • Specific details regarding the onslaught vector person not been revealed yet.
  • Cybercrimes successful the crypto abstraction whitethorn instrumentality galore forms, including schemes that committedness speedy riches, fake airdrops, giveaways connected societal media, impersonation of genuine cryptocurrency exchanges and platforms, arsenic good arsenic different fraudulent activities that usage integer assets arsenic a lure.
  • Hackers targeted the cross-chain span BSC Token Hub – blockchain associated with Binance successful October this year, making distant with $570 million.
  • More recently, DeFi protocol Defrost Finance was drained for $12 million, an onslaught that galore suspected to beryllium a rug pull.
  • BitKeep wallet was exploited for the 2nd clip this year. The latest onslaught saw fraudsters bargain $8 cardinal successful Binance Coin, Ether, Tether, and DAI.

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Source Cryptopotato