• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Event of a hack to steal cryptocurrency by means of a Bitcoin ATM

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A hacker stole cryptocurrency from clients depositing at General Bytes Bitcoin ATMs.

Event of a hack to steal cryptocurrency via a Bitcoin ATM
Event of a hack to steal cryptocurrency by means of a Bitcoin ATM

The sum of income stolen and the quantity of ATMs compromised have however to be disclosed, but the corporation urgently recommended ATM operators to update their software package. The hack was approved by General Bytes As of August 18, the corporation owns and operates 8827 available Bitcoin ATMs in much more than 120 nations.

Related articles

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

May 20, 2024
Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024

The vulnerability has existed given that hacker improvements up to date Crypto Application Server (CAS) software package to edition 20201208. General Bytes urged clients not to use General Bytes ATM server until eventually the corporation updates their servers to enforce patches to versions 20220725.22 and 20220531.38 for clients working on 20220531.

As for how the authors received their income, General Bytes’ safety advisory staff explained they carried out a zero-day vulnerability assault to acquire accessibility to the company’s CAS and steal the money. . The CAS server manages the whole operation of the ATM, such as the obtaining and marketing of cryptocurrencies on regulated exchanges and coins.

Basically, zero-day is a phrase that refers to unknown and unresolved software package or hardware vulnerabilities. Hackers can exploit this vulnerability to assault the computer system method of businesses or organizations to steal or modify information.

The hackers scanned exposed servers working on TCP port 7777 or 443, such as individuals hosted on General Bytes’ cloud support. From there, they extra themselves as the default administrator on the CAS, named “gb”, then proceeded to alter the obtain and promote settings so that, as a substitute, any cryptocurrency obtained by the Bitcoin ATM is transferred to their wallet. The General Bytes improvement staff explained:

“An attacker could create a remote administrator user through the CAS administration interface by calling the URL on the page used for the default settings on the server and impersonating the first administrator user.”

Customers had been also recommended to alter their server firewall settings so that the CAS administration interface is only available by authorized IP addresses. It also claims that a lot of safety exams have been carried out given that the corporation was founded in 2020, none of which have recognized the vulnerability.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: ATMBitcoinCryptocurrencyeventHacksteal
Share76Tweet47

Related Posts

Trump’s Frustration with Fed Sparks Crypto Market Focus

by shark
June 27, 2025
0

President Trump criticizes Fed's rate policies, influencing crypto market attention and potential volatility.

SEC’s Peirce Foresees Crypto ETF In-Kind Redemptions

by shark
June 26, 2025
0

SEC Commissioner Hester Peirce signals potential regulatory evolution with anticipated in-kind creations and redemptions for crypto ETFs.

European Commission Eases Rules on Stablecoins Amid ECB Concerns

by shark
June 26, 2025
0

European Commission plans to ease stablecoin regulations despite European Central Bank opposition, impacting cross-border cryptocurrency transactions.

World Liberty Financial Sets WLFI Token Transfers In Motion

by shark
June 26, 2025
0

World Liberty Financial Inc. prepares WLFI token transfers and stablecoin audit release amid institutional interest.

Bitcoin’s Path to $120K: Inflows and Technical Signals

by shark
June 26, 2025
0

Bitcoin shows potential for a $120K breakout, supported by institutional inflows and technical indicators.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Joining Best Cryptos to Buy This Week, Qubetics Hits CEX June 30 Amid DOT’s Dip and Aptos’ Shelby
  • Trump’s Frustration with Fed Sparks Crypto Market Focus
  • SEC’s Peirce Foresees Crypto ETF In-Kind Redemptions
  • Qubetics Lists on a CEX on June 30 as the Top Cryptocurrency to Buy, Cosmos Dips, and TON Gains
  • European Commission Eases Rules on Stablecoins Amid ECB Concerns
  • Best Meme Coins for Exponential Returns: Arctic Pablo, Dogs & Neiro Set to Explode
  • World Liberty Financial Sets WLFI Token Transfers In Motion
  • Bitcoin’s Path to $120K: Inflows and Technical Signals
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7