NiceHash, a digital currency hash power broker, has advised its customers to stop using the Phoenix miner instantly due to the risk of scam.
According to a comment from NiceHash, the announcement was inspired by the miner’s developer’s latest operation.
The Phoenix miner is no longer accessible from its initial download source, as per NiceHash. Furthermore, the developer’s valuation on his network is unrelated to the latest download spot. NiceHash points out that:
“This brings the possibility that the Phoenix miner’s author wants to cover its tracks and disappear or even do something malicious. We have immediately disabled Phoenix miner from NiceHash Miner, and we advise everyone to stop using Phoenix miner immediately.”
The creator of the Phoenix miner is uncertain
The case is made even more confusing by the fact that the Phoenix miner’s author is unknown. Around the same period, the app lacks a digital signature, putting future and current users at risk.
Besides that, the hash power broker claims that any download by a third party may be false or deceptive.
As a result, consumers should be cautious if the miner is installed on the same computer as confidential information such as a contact or bank account. Reinstalling the system and allowing the two-factor berification protection tool are also recommended by NiceHash.
This arrives after a short period after the US Department of Justice accused three North Korean citizens with breaking into a number of digital currency companies.
NiceHash was allegedly attacked by the attackers during the December 2017 attack. NiceHash was compromised and damaged 4,736 BTC, which is worth $240 million at the present.