Bitcoin ATM manufacturer General Bytes has issued a high-severity alert over a security breach that has compromised its users' hot wallets and private info.
General Byes founder Karel Kyovsky in the bulletin explained this allowed the hacker to achieve the following:Ability to read and decrypt API keys used to access funds in hot wallets and exchanges.Ability to access terminal event logs and scan for any instance where customers scanned private key at the ATM. Older versions of ATM software were logging this information."
“We’ve concluded multiple security audits since 2021, and none of them identified this vulnerability,” Kyovsky said.Though the company noted that the hacker was able to “Send funds from hot wallets,” it did not disclose how much was stolen as a result of the breach. multiple transactions into one of the wallets, resulting in a total balance of 56 BTC, worth over $1.54 million at current prices.Another wallet
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