Tag Archives: general bytes

A group of crypto hackers have drained all the coins and funds from several bitcoin ATMs throughout the world hosted by a company called General Bytes. General Bytes Loses a Lot of Money The hackers took advantage of what’s referred to as a zero-day vulnerability to prevent all transaction losses from being reversed. General Bytes explained in a statement: The night of 17-18 March was the most challenging time for us and some of our clients. The entire team has been...

The ATM maker shuttered its cloud services to limit further compromise of sensitive user information. Bitcoin ATM maker General Bytes has reportedly lost BTC worth about $1.5 million to a crypto hack. The company reported a security incident between March 17 and 18 that allowed unauthorized access to compromising user information. According to the press release, the attacker gained remote access to the entire database, API keys, hot wallets, user names and passwords. Consequently, the...