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The refund of 4,640 Bitcoin to User is made by Mining Market Nice Hash that was Lost in 2017 Hack

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Mujumdar Shivangi

CBW -External Analyst

INDIA

Jan, 05 2021

Jan, 05 2021

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There has been a complete reimbursement made by the Mining marketplace NiceHash for the Bitcoin to the use that Lost in 2017 Hack. The hack was quite a disappointing one and so that whole responsibility was taken by the Mining marketplace NiceHash. They understand that their investors are available to them which is why, instead of being clingy, they clearly made out the 4,640 Bitcoin to Users who had made an investment while entrusting them. The users were affected with quite a huge loss in the year 2017 because of the security break concerns.


Over the past three years, the Mining Market NiceHash which the Slovenia-based mining company has been regularly waving the profits. Their only agenda for doing this was to make its users get the complete payment is done which they had lost in the track that happened. CEO Martin Skorjanc believed that users deserve to get a return for their hard work. And they don’t really regret it since it heads the start of the new era for the development. Those criminals who actually executed this breach are still not found out. But needless to say, it has been one of the huge theft that ever happened in Slovenian history.


The price of the bitcoin (BTC, +17.41%) is worth $104,629,328 during the press time price which was generated by the Coindesk 20 data. During this time of the breach, they will have had a price of more than $55 million which of course is not a small amount at all. There was further closure of the hack that has power renting marketplace made on social media ion late 2017. They further stated that the breach included the website of NiceHash because of which there was a huge loss of funds.


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Mujumdar Shivangi

CBW - External Analyst

INDIA

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