Hacker Broke Into BTC.com Crypto Mining, IDR 36 Billion Company Assets Stolen

JAKARTA - Major cryptocurrency mining pool BTC.com has been subjected to a cyber attack which resulted in a significant loss of company and customer funds.

The attack took place on December 3, when attackers stole about USD 700.000 of client assets and US$2.3 million of company assets. This is known from the announcement of the mining pool's parent company, BIT Mining Limited, on 26 December.

BIT Mining and BTC.com reported the cyberattack to law enforcement authorities in Shenzhen, China. Local authorities then launched an investigation into the incident, gathering evidence and seeking assistance from relevant agencies in China. Those efforts have helped BTC.com recover some assets.

“The company will devote a lot of effort to recovering stolen digital assets,” said BIT Mining, as quoted by Cointelegraph. They added that the company has also used the technology to “better block and intercept hackers.”

Despite the incident, BTC.com continues to run its mining pool service for customers. “BTC.com is currently conducting business as usual, and apart from its digital asset services, its client funds services are not affected,” they stated.

BTC.com, one of the world's largest cryptocurrency mining pools, provides multicurrency mining services for various digital assets, including Bitcoin

In addition to mining services, BTC.com also operates a blockchain browser. Its parent company, BIT Mining, is a publicly listed company on the New York Stock Exchange.

The BTC.com mining pool is the seventh largest in the world, accounting for 2.5% of the total mining pool distribution over the past seven days and has a hash rate of 5.80 exahashes per second (EH/s). His all-time contribution is to account for more than 5% of the total hash rate.