NiceHash substitutes CEO after hackers steals $63mln

2017 will be an unforgettable year for Bitcoin. The year has grabbed the entire mainstream market and spelled a shower upon many investors. However, several digital currency platforms have witnessed many illicit activities spiraling into millions of dollars through hacks and scams.

Reportedly, on 6th dec,2017, the Slovenian cryptocurrency mining startup NiceHash lost $63mln.

As a result, the co-founder of NiceHash, Marko Kobal has stepped down as CEO and the company is now under new management. The new CEO is Zdravko Poljašević according to a Slovenian newspaper, Delo.

Kobal said in a post,

“Its my pleasure to share in the excitement of growing NiceHash since its earliest days. I have every confidence in the ability of our extraordinary team to develop the service. However, I expect to see the company prosper in the coming years”.

The company has since resumes operations after the hack and announced officially that it will reimburse the affects users.

Related Coverage: NiceHash founders apologize after hack of worth Rs500 crore

the announcement reads,

“We have now been able to reserve the funds required to restore balances from a group of international investors in our business,”made on December 22. “The exact date of reimbursement for old balances will be announced by January 31, 2018. We need this interim period to ensure all legal paperwork is processes correctly, so please be patient while we do this”.

Mark Kobal co-founded Nicehash in 2014 alongside Matjaz Skorjanc. The company is one of the biggest mining hashrate marketplaces globally. It allows traders, miners and investors to buy and sell hash power.  

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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