BTC.com Parent BIT Mining Hacked, $3 Million in Assets Taken
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BTC.com Parent BIT Mining Assets Hacked
On December 3rd, a hacker assault took place, which led to the theft of $2.3 million in corporate assets in addition to about $700,000 in client assets. The formal statement was issued on December 26 by BIT Mining Limited, the parent company of the mining pool.
The incident was reported by BIT Mining and the prominent cryptocurrency mining pool to Shenzhen, China, law enforcement officials. The local authorities then started an inquiry into the occurrence, gathering information and asking appropriate Chinese agencies for help. According to the notification, some of the valuables have already been recovered with the aid of the operations.
Recovering of Stolen Assets
According to BIT Mining, in addition to using technology to effectively prevent and detect attackers, the Company will spend enormous efforts to retrieve the stolen digital assets. The prominent cryptocurrency mining pool is still providing its customers with mining pool services despite the event.
According to the company, in addition to its services for digital assets, BTC.com is now conducting business as usual. Its client fund operations remain unaffected. BTC.com, one of the biggest cryptocurrency mining pools in the world offers multicurrency mining services for several digital currencies, such as Bitcoin and Litecoin. In addition to offering mining services, BTC.com runs a blockchain browser.