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NiceHash is a cryptocurrency broker and exchange with an open marketplace for buyers and sellers of hashing power. The company provides software for cryptocurrency mining . The company was founded in 2014 by two Slovenian university students, Marko Kobal and Matjaž Škorjanc. [ 1 ]
On December 7, 2017, Slovenian cryptocurrency exchange NiceHash reported that hackers had stolen over $70 million using a hijacked company computer. [ 11 ] [ 12 ] On December 19, 2017, Yapian, the owner of South Korean exchange Youbit, filed for bankruptcy after suffering two hacks that year.
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In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block.
On 7 December 2017, Slovenian cryptocurrency exchange Nicehash reported that hackers had stolen over $70 million using a hijacked company computer. [196] On 19 December 2017, Yapian, the owner of South Korean exchange Youbit, filed for bankruptcy after suffering two hacks that year. [197] [198] Customers were still granted access to 75% of ...
The Lazarus Group's first major hacking incident took place on July 4, 2009, and sparked the beginning of "Operation Troy". This attack utilized the Mydoom and Dozer malware to launch a large-scale, but quite unsophisticated, DDoS attack against US and South Korean websites.
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Prior to the release of bitcoin, there were a number of digital cash technologies, starting with the issuer-based ecash protocols of David Chaum and Stefan Brands. [3] [4] [5] The idea that solutions to computational puzzles could have some value was first proposed by cryptographers Cynthia Dwork and Moni Naor in 1992.