NiceHash disables crypto withdrawals, burning miners as crypto crashes
Update: Now that the whole mining dashboard is broken for me, I can see all of my mining rigs but they are all disabled / disabled in NiceHash’s eyes. “The current actual profitability calculator is still running in real time, as well as my unpaid mining balance. But there are some fun things going on with NiceHash right now.
NiceHash is the world’s leading cryptocurrency platform for mining and trading, and in the midst of a massive crypto crash, the company has stopped all crypto wallet withdrawals and people are pissed off.
I noticed this myself when I refreshed my NiceHash dashboard and noticed the new blue bar at the top which reads: “Wallet withdrawals are disabled per our security protocols. Please read this article for more detailsWell, right in the middle – at the exact moment when the crypto market crashes and hundreds of billions of dollars are wiped out of the market – NiceHash is hacked and wallet withdrawals are disabled because of it.
NiceHash explains: “The attempted intrusion was quickly detected and effectively prevented by our security team, but there are still several measures to follow in such incidents. This was a targeted attempt by highly sophisticated actors using zero day exploits, and as such, it is not in anyone’s best interest that we rush to resume, until investigations security procedures are completed.“.
The company says it wants to point out to all of its users that “this incident has been mitigated and all user funds and data are secure. The intrusion attempt failed and NiceHash will resume all withdrawals as soon as possible“.
You can read the full article on NiceHash website.
SEE THE GALLERY – 2 IMAGES
As for people who aren’t happy with it, NiceHash’s official Twitter account posted about the incident, and the responses weren’t so welcoming: