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Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack

  • Ralph Smith
  • 27/12/2022
  • 2 minute read
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Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack

Major cryptocurrency mining pools have been hacked before It was attacked earlier this month by the company that owns the pool, the company said in a statement. The incident resulted in the theft of digital assets belonging to Poole and its clients, totaling $3 million worth of him.

Chinese authorities launch investigation into hacking of cryptocurrency mining pools

A subsidiary of coin mining firm Bit Mining was targeted in a hacking attack, the company said in a press release. said in The affected entity is major bitcoin mining pool Btc.com, which accounted for over 2.5% of his pool distribution in the past week and more than 4% share on an annual basis. increase.

The platform was attacked on December 3, 2022, according to an announcement made on Monday, December 26th. As a result, $2.3 million worth of his digital assets owned by the company and another $700,000 worth of his assets were stolen from that client.

A cyberattack was reported to law enforcement in Shenzhen, China, on December 23rd. Chinese authorities have launched an investigation into the incident and are gathering evidence with the assistance of relevant agencies.

The company will go to great lengths to recover stolen digital assets.

The mining company said some of Btc.com’s crypto assets were already secured. It also notes that it has implemented technology designed to better block and intercept hackers after discovering a breach, and guarantees: , its customer funds services will not be affected.

Top 10 mining pools offering Bitcoin (BTC), Ether (ETH) and Litecoin () mining services In addition to LTC), Bit Mining Limited also owns mining device manufacturer Bee Computing and operates coin mining facilities.

Since the Chinese government cracked down on the industry in the spring of 2021, Bitmining has sought to expand its activity in Kazakhstan, a major hotspot for cryptocurrency mining. This year he announced in August that the company had secured his $9.3 million registered direct offering from institutional investors.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Coins: Bitcoin
Country: China
Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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