Crypto-mining site NiceHash has a new CEO after hackers stole $63 million

(Last Updated On: March 4, 2018)

Earlier last month, the crypto currency mining site NiceHash experienced a massive loss as hackers stole $63 million from the company which prompted the company’s founder to apologize on Facebook license and to shut down all operations for 24 hours.

Now the company’s co-founder , Mark Kobal has stepped down as the CEO of the company. NiceHash allows users to offer up their computer processing power to create a new bitcoins. Kobal in a statement on LinkedIn said that the company has been working to recover from the loss from the hack and that he will step down and allow new administration to take over the company and help take the company where it should be and lead the company to the next phase.

He will be replaced by Zdravko Poljašević, according to via Business Insider). Kobal founded the company along with Matjaž Škorjanc, who will remain the company’s Chief Technology Officer. The company said that their success in paying out a billion dollars to cryptocurrency miners over the last couple of years has bought them unwanted attention from hackers. The security experts found that the hackers used an engineers credentials to access the company’s payment system and we’re about to steal 4,700 bitcoins which was when the coin price was spiking around $19,000 per coin.

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