parent BIT Mining hacked, $3 million in assets taken

Quick Take

  • Some assets have been secured as Shenzhen authorities investigate. parent company BIT Mining Limited said it was hacked earlier this month, with about $700,000 in client assets and $2.3 million in company assets stolen.

The publicly-traded firm said it was hit by a cyberattack on Dec. 3. It reported the incident to law enforcement authorities in Shenzhen, and some of's digital assets have since been secured.

Authorities started an investigation on Dec. 23 into the matter.

“In the wake of discovering this cyberattack, the company has implemented technology to better block and intercept hackers,” BIT Mining said. “ is currently operating its business as usual, and apart from its digital asset services, its client fund services are unaffected.”


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Shares of the miner are down 98% over the past year as miners have seen margins squeezed with higher energy costs and a slump in the price of bitcoin.


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About Author

Christiana is a long-time journalist who has written about markets in the Americas, politicians who stashed cash in their underwear and high-end heels, to name just a few. She previously spent six years at Bloomberg, and her work has appeared in the WSJ, LA Times, Insider, Vogue Business and more. Christiana has a bachelor's degree in English from Pace University and a master's degree in journalism from New York University. She completed a master's degree in media psychology for fun.