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.
Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer.
Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US.
Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines.
Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.
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