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bitcoin-in60-3.jpg Mar 22

Hackers Drain Bitcoin ATMs Of $1.5 Million By Exploiting 0-Day Bug

  • Hackers drained millions of dollars in digital coins from cryptocurrency ATMs by exploiting a zero-day vulnerability, leaving customers on the hook for losses that can’t be reversed, the kiosk manufacturer has revealed.
  • The heist targeted ATMs sold by General Bytes, a company with multiple locations throughout the world.
  • These BATMs, short for bitcoin ATMs, can be set up in convenience stores and other businesses to allow people to exchange bitcoin for other currencies and vice versa.