The CEO of a crypto-currency start-up has been forced to resign after hackers made off with over $64m in Bitcoins last month.

NiceHash co-founder, Marko Kobal, made the announcement on LinkedIn at the end of December, and will be replaced by Zdravko Poljaševic.

“As you are aware, since the recent security breach we at NiceHash have been working round the clock to rebuild our internal systems as well as management structure,” he explained. “I shall now stand aside and allow new management to lead the organization through its next, exciting period of growth — therefore I decided to resign as CEO of NiceHash.”

Read full news article on Infosecurity