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CryptoNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

December 27, 2022 at 11:35 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the stolen digital assets and has reported the incident to law enforcement authorities in Shenzhen, China. Due to local and internal coordination within the company, some of BTC.com’s digital assets have already been secured. On Dec. 23, 2022, authorities launched an investigation, began collecting evidence, and requested assistance from and coordination with relevant agencies.

To view the full press release, visit https://ccw.fm/rrkYK

About BIT Mining Limited

BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data center operation and miner manufacturing. The company owns the world’s top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multicurrency mining services, including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the company’s self-efficiency through vertical integration with its supply chain.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

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