April 25, 2024
Security News

Security Breach at Bitcoin ATM Maker: General Bytes Closes Cloud Service Amid Vulnerability – Here's What Happened

Major Bitcoin ATM manufacturer General Bytes has experienced a security breach that led to $1.5 million worth of BTC stolen from a number of its crypto ATM operators.  In a recent blog post, General Byes founder Karel Kyovsky said that a hacker was able to upload their own Java application onto the company's Bitcoin ATMs, which allowed them to read and decrypt API keys to access funds on exchanges and hot wallets.... Read More: Security Breach at Bitcoin ATM Maker: General Bytes Closes Cloud Service Amid Vulnerability – Here's What Happened