BIT Mining subsidiary loses $3M to cyberattack

Crypto mining steadfast BIT Mining said its subsidiary BTC.com mislaid $3 cardinal worthy of integer assets to a cyberattack connected Dec. 3, according to a Dec. 26 statement.

BIT Mining wrote that $700,000 of the stolen funds belonged to BTC.com’s clients portion the remaining $2.3 million belonged to it. The institution did not disclose the details of the stolen assets.

The Bitcoin (BTC) mining steadfast reported the incidental to instrumentality enforcement agencies successful Shenzhen, China. It added that the authorities launched an probe connected Dec. 23 and that it is cooperating with the applicable agencies to retrieve the stolen assets.

BIT Mining said it had implemented indispensable precautions to forestall a recurrence. It added:

“BTC.com is presently operating its concern arsenic usual, and isolated from its integer plus services, its lawsuit money services are unaffected.”

BTC.com is simply a mining excavation concern nether BIT Mining. The steadfast has a crypto wallet limb with implicit 1 cardinal users globally.

Through its website, BTC.com besides provides real-time on-chain accusation astir Bitcoin and different integer assets similar Ethereum, etc.

The station BIT Mining subsidiary loses $3M to cyberattack appeared archetypal connected CryptoSlate.