BTC.com, a leading cryptocurrency mining pool, has been hit by a cyberattack, resulting in a significant loss of funds for the company and its customers.
BTC.com underwent a cyberattack on December 3rd, when the attackers stole approximately $700,000 in client assets and $2.3 million in company assets.BIT Mining Limited, the parent company of the mining pool, officially announced December 26th.
BIT Mining and BTC.com reported a cyberattack to law enforcement agencies in Shenzhen, China. Local authorities then began investigating the incident, began collecting evidence, and requested assistance from relevant Chinese agencies. The local adjustment has already helped BTC.com recover some of its assets internally, the announcement said.
“The company will make significant efforts to recover stolen digital assets,” said BIT Mining, adding that it is also deploying technology to “better block and intercept hackers.” rice field.
Despite facing the incident, BTC.com continues to offer mining pool services to its customers, the company said.
“BTC.com is currently operating as normal and, apart from digital asset services, customer funds services are unaffected.”
BTC.com, one of the world’s largest cryptocurrency mining pools, owns Bitcoin (Bitcoin) and Litecoin (LTC). Apart from mining services, BTC.com also operates a blockchain browser. His parent company BIT Mining is a publicly traded company. Are listed at the New York Stock Exchange.
Related: Bitcoin Hashrate Recovers After Massive Freeze Shuts Down Miners
BTC.com Mining Pool teeth According to BTC.com data, it is the 7th largest mining pool in the world, accounting for 2.5% of the total mining pool distribution over the past 7 days, with a hashrate of 5.80 exahash per second (EH/s). BTC.com’s contribution to bitcoin hashrate to date accounts for more than 5% of his total hashrate in BTC mining pools.
BTC.com’s cyberattack investigation in China has brought yet another cryptocurrency-related lawsuit to local authorities, A blanket ban on all cryptographic operations last year.Despite the ban, China Second largest Bitcoin hashrate provider In January 2022, after briefly losing global hashrate leadership in 2021.
