tether | Pixr8 News

Another Bitcoin security breach costed $79 million to a cryptocurrency exchange site NiceHash. NiceHash posted the theft on Facebook: In the breach, $79 million worth of bitcoin was stolen by hackers from NiceHash's servers, in a scenario where Bitcoin reaches to almost $16,800. "In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency," NiceHash said in the post. Andrej Škraba, marketing head of NiceHash told WSJ that 4,700 bitcoins were stolen from the company's Bitcoin wallet. The hackers hacked the account in a single swipe and the worth of loot will keep increasing as the price of Bitcoin climbs up. The volatile behaviour of Bitcoins is ce...

Bitcoin just passed the $8000 for the first time this week, but it didn't land quite well for Tether, a platform that helps in exchanging flat currency to tokens, reported a theft by hacker on Tuesday. It said in a statement that “through malicious action” attacker snatched tokens from the Tether Treasury wallet on 11/19 and sent them to an unauthorized bitcoin address. The company said it is working to prevent its entry back in the ecosystem. The company for now has flagged the token and is trying to track it. The latest hack has fueled the concern on Wall Street about whether these "coins" are secure enough to enter the mainstream market. Tether, with a market capitalization of around $670 million, is the world’s nineteenth most-valued virtual currency, according to data on Coinmar...

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Hackers Steal $79 Million In Bitcoin From Crypto Marketplace NiceHash

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