The seventh-largest Bitcoin mining pool, BTC.com, said that the recent $3 million cyberattack had no impact on its client fund services.
A hack on BTC.com, a well-known cryptocurrency mining pool, caused a large loss of money for both the business and its clients.
On December 3rd, an incident took place, during which the perpetrators stole $2.3 million in corporate assets in addition to about $700,000 in consumer assets. The mining pool’s main firm, BIT Mining Limited, released a formal statement on December 26. China’s Shenzhen police received a report of a hack from BIT Mining and BTC.com.
Local authorities then began investigating the incident, gathering evidence and seeking assistance from relevant Chinese authorities. The effort has already helped BTC.com regain some of its assets, the announcement said.
“The company will make great efforts to recover stolen digital assets,” said BIT Mining, adding that it is also deploying technology to “better block and intercept hackers.”.
Despite this incident, BTC.com continues to operate mining pool services for its customers, the company said:
Apart from its digital asset services, BTC.com is now conducting business as usual. Client fund services remain unaffected.
BTC.com, one of the biggest cryptocurrency mining pools in the world, provides multicurrency mining services for a number of different digital currencies, including Bitcoin BTC and Litecoin LTC. Blockchain browser is also run by BTC.com in addition to mining services. a NYSE-listed, publicly traded company whose parent company is BIT Mining.