Litecoin miners and owners, welcome to the club! Litecoin users join the real hacking world which is the day-to-day reality of traditional card payments for a very long time. As value and market capitalization of altcoins such as Litecoin grow, they become a desirable target for hackers just the same way as card payment system and Bitcoin network.
Here is what actually happened. Give Me Coins (give-me-coins.com) is one of the largest Litecoin mining pools (about 14% of the Litecoin network). The LTC Payment Address parameter in pool user accounts settings has been reset by hackers. The parameter defines the user wallet's address to send the accumulated earnings from the mining. The earnings have been withdrawn from some accounts. The pool operators stated that they temporary disabled all the payouts, and the pool will compensate for any stolen Litecoins.
Here is what actually happened. Give Me Coins (give-me-coins.com) is one of the largest Litecoin mining pools (about 14% of the Litecoin network). The LTC Payment Address parameter in pool user accounts settings has been reset by hackers. The parameter defines the user wallet's address to send the accumulated earnings from the mining. The earnings have been withdrawn from some accounts. The pool operators stated that they temporary disabled all the payouts, and the pool will compensate for any stolen Litecoins.
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