Tech & Science Bitcoin exchange NiceHash robbed of $64 million from its wallet

11:22  07 december  2017
11:22  07 december  2017 Source:   MSN

A Short History Of Bitcoin And Crypto Currency Everyone Should Read

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NiceHash , a Slovenia-based Bitcoin exchange , claims its cryptocurrency wallet has been cleared out of $ 64 million worth of BTC by hackers. This marks the second major cryptocurrency theft in recent times: last month, crypto startup Tether claimed it was robbed of million in dollar-pegged tokens.

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a drawing of person © Provided by The Next Web As the value of Bitcoin soars, it also turns holders of large volumes of the currency into prime targets for thieves. That’s what appears to have done in NiceHash, a Slovenia-based Bitcoin exchange that claims its cryptocurrency wallet has been cleared out of $64 million worth of BTC.

For those keeping score, that’s about 4,700 BTC, each worth about $13,617 at the time of the breach.

The company says it’s still investigating the nature of the incident, and doesn’t yet know the full scope of the attack it suffered at the hands of hackers. As such, it’s temporarily suspended operations on its site, and is encouraging users on its platform to change their passwords immediately.

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The security breach took place around the time Bitcoin’s value began to surge greatly: CoinDesk reports that between 18:00 and 24:00 UTC on December 7, the currency rose 10 percent, or about $2,000, to cross $14,000 for the first time.

This marks the second major cryptocurrency theft in recent times: last month, crypto startup Tether claimed it was robbed of $31 million in dollar-pegged tokens.

We’ve contacted NiceHash to learn more and will update this post if there’s a response.

Katy Perry wins big in convent battle .
Katy Perry has won a major victory in her battle to take over a Los Feliz convent in Los Angeles. The singer and Archdiocese of Los Angeles officials have been awarded a share of $10 million (GBP7.4 million) after winning punitive damages in a dispute over the former home of the Sisters of the Most Holy and Immaculate Heart of the Virgin Mary. A jury previously ordered local businesswoman Dana Hollister to pay more than $5 million (GBP3.7 million) in compensatory damages for interfering in the sale of the convent, and on Monday (04Dec17), Christmas came early for the plaintiffs as they were awarded $10 million in punitive damages. Lawmakers awarded $6.6 million (GBP4.9 million) to the archdiocese and $3.3 million (GBP2.45 million) to Roar singer Perry. "We're obviously very pleased," Perry's attorney Eric Rowen said outside court. Last month (Nov17), a jury found Hollister, who challenged Perry over the sale of the convent, guilty of slander of title, interference with contractual relations and interference with prospective economic advantage, and awarded the archdiocese $3.47 million (GBP2.8 million) and Perry almost $1.6 million (GBP1.2 million) in compensatory damages. The jury members also ruled Hollister acted with malice. She claimed she agreed the sale of the former convent through the co-operation of Sisters Rita Callanan and Catherine Rose Holzman, who maintained they had the authority to sell the property.

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