NiceHash: security breach leads to 60 million lost – Iceman is behind?

Pierluigi Paganini December 07, 2017

NiceHash has been hacked, roughly to 60$ million (4,736.42 BTC) have been stolen while the bitcoin is crossing the 14k$ mark for the first time.

A dark day for cryptocurrency miners, NiceHash has been hacked. Closely to 60$ millions (4,736.42 BTC) have been stolen while the bitcoin is crossing the 14k$ mark for the first time.
The hacker’s bitcoin address cleary shows the steal of  4,736.42 BTC in a window of 48 hours:https://bitinfocharts.com/bitcoin/address/1EnJHhq8Jq8vDuZA5ahVh6H4t6jh1mB4rq
nicehash
NiceHash users are furious by the time of reaction of the team. It took about 24 hours to realize that big amounts have been stolen.
I’ve contacted a member of Iceman and knowing this security breach for some reason he explained that NiceHash actually owned their users’ bitcoin wallets in order to save transactions fees and collect unclaimed BTC. This issue leads to a massive security breach which allows access to all NiceHash wallets. He claimed that by reverse engineering of their miner client, Iceman group was able to access their API.
Is Iceman really behind this attack?
About the Author: Marc Miller
Marc Miller is a web journalist, focused on cybercrime.

He started a blog called: THE PURPLE HAT – Cyber Gangs NAKED, dedicated to exposing the methods and works of cybercrime gangs such as “CARBANAK” or similar sophisticated syndicated Cybercrime organizations.

In the past. he worked as a web front-end programmer. Also, he is passionate about hardware, hacking, security and marketing.

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Pierluigi Paganini

(Security Affairs – NiceHash, hacking)

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