The hacker was able to liquidate 56.28 bitcoin, worth approximately $1.5 million, from about 15 to 20 crypto ATM operators nationwide.
“We released a statement urging customers to take immediate action to protect their personal information,” the company explained at 4:42 p.m. on Saturday. “We urge all our customers to take immediate action to protect their funds and personal information and carefully read the security bulletin,” the firm added.General Bytes’said the attacker was able to remotely upload their own Java application using the master service interface, which is typically used by terminals to upload videos.
Bitcoin.com News spoke with a U.S.-based cryptocurrency automated teller machine operator who confirmed that all U.S. operators using General Bytes machines were shut down nationwide for the evening. The operator also mentioned that servers would have to be rebuilt from the ground up, which can be a lengthy process.
Reportedly, General Bytes is transitioning crypto ATM operators to self-hosted servers. In the security bulletin, General Bytes stated that the company is discontinuing its cloud service. Furthermore, the firm explained that it had conducted multiple security audits since 2021, and none of them had identified this vulnerability.
According to onchain statistics, the hacker siphoned 56.28 bitcoins worth approximately $1.5 million and also liquidated dozens of other cryptocurrencies such as
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