Over $1.5M Bitcoin Stolen From General Bytes BTC ATMs

Oluwapelumi Adejumo
Oluwapelumi Adejumo

19 Mar 2023 4:57 PM

Bitcoin ATM maker General Bytes experienced a security incident between March 17 and 18 that led to the loss of $1.5 million BTC....

  • Bitcoin ATM maker General Bytes experienced a security incident on March 17-18, 2023, allowing a hacker to access its database.
  • The hacker was able to access funds in hot wallets and exchanges, steal usernames and passwords, and turn off two-factor authentication.
  • The company urged users to act immediately to protect their funds and personal information.
  • A wallet used in the attack holds 56 BTC, worth over $1.5 million, and the attacker also moved around 21.79 Ethereum through Uniswap decentralized exchange.
  • General Bytes has released a security fix for the incident and has urged users to implement the fix.

The article reports on a security breach experienced by General Bytes, a Bitcoin ATM maker, and the theft of over $1.5 million worth of Bitcoin. The tone is serious and urgent, with the company urging users to take immediate action to protect their funds and personal information.

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Related Questions

What happened to General Bytes on March 17-18, 2023?
What did the hacker gain access to during the security incident?
How much Bitcoin was stolen in the attack?
What has General Bytes done to address the security incident?
Has General Bytes experienced a security breach before?

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