Cyberattack on a Subsidiary of BIT Mining


The top technology-driven cryptocurrency mining firm, BIT Mining Limited, has reported that its subsidiary,, was the target of a cyberattack on December 3, 2022. About US$700,000 worth of assets held by’s customers and about US$2.3 million worth of assets owned by BIT Mining were stolen in the incident.

The company has informed local Chinese authorities of the situation. Several of’s digital assets have been protected thanks to internal and external collaboration. On December 23rd, 2022, officials opened a probe, started gathering evidence, and reached out to other organizations for help and cooperation. The company is committed to making significant efforts to restore lost data.

Because of this incident, the firm has introduced new measures to prevent future intrusions. For the time being,’s operations remain unchanged, and neither the company’s nor its customers’ client funds nor any digital assets are at risk.

Details about BIT Mining Limited

Long-term value creation for the whole cryptocurrency sector is the focus of BIT Mining, the premier technology-driven cryptocurrency mining firm. Its offerings include mining pools, data center management, miner production, and mining cryptocurrencies. The company owns, the most popular blockchain browser in the world, and the extensive mining pool business run by, which offers mining services for several cryptocurrencies. As part of its efforts to maximize efficiency across the board, the company has acquired Bee Computing, a maker of cryptocurrency mining hardware operating at 7 nanometers.

Leave A Reply

Please enter your comment!
Please enter your name here

Share post:




More like this

Australian Regulators Target Unlicensed Crypto Mining Firms

In a significant move against unauthorized cryptocurrency operations, Australian...

Bitcoin Awaits Halving Event: A Potential Catalyst for Record Highs

In the ever-dynamic world of cryptocurrencies, Bitcoin, along with...

No Altcoin Season: Peter Brandt and Benjamin Cowen Alert Bitcoin Dominance Rising

In a recent turn of events, renowned market analysts...

Bitcoin ETFs See Surprise $200M Outflow: Will The New $69K Support Hold?

In a surprising turn of events, Bitcoin ETFs witnessed...