• About Us
  • Careers
  • Contact
No Result
View All Result
Monday, October 27, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home Explore Bitcoin

Bitcoin ATM Manufacturer Shuts Down Cloud Service After Hot Wallet Hack

20 March 2023
in Bitcoin, Latest News, News
Reading Time: 4 mins read
104 4
Bitcoin ATM Manufacturer Shuts Down Cloud Service After Hot Wallet Hack

Image source: securitytoday.com

General Bytes, Prague-based company that manufactures Bitcoin ATMs and has sold 15,000 units in over 149 countries, has shut down its cloud services due to a security vulnerability that allowed a hacker to access customers’ hot wallets and steal private keys and passwords. 

In a patch release bulletin dated March 18, 2023, the company claimed that a hacker had managed to upload and run a Java application through the master service interface into its terminals to steal users’ information from hot wallets and transfer money from the affected hot wallets. The incident occurred between March 17-18, 2023. 

On March 17-18th, 2023, GENERAL BYTES experienced a security incident.

We released a statement urging customers to take immediate action to protect their personal information.

We urge all our customers to take immediate action to protect their funds and https://t.co/fajc61lcwR… https://t.co/g5FGqvqZQ7

— GENERAL BYTES (@generalbytes) March 18, 2023

The attacker was detected running Crypto Application Server (CAS) services on ports 7741 in the Digital Ocean cloud hosting IP address space, General Bytes’ recommended cloud hosting provider. The hacker uploaded the application directly into the application server used by the admin interface.

The company did not reveal how much money was stolen but disclosed that 41 wallet addresses were used in the hack. According to on-chain statistics, there were numerous transfers into one of the wallets, leaving a balance of 56 BTC, or more than $1.54 million, at the time of writing.

General Bytes has provided several steps for ATM operators to protect themselves. These included examining all CAS users, resetting all user passwords (except theirs), ensuring crypto addresses and strategies are accurate, deleting unrecognized terminals, and activating only verified terminals. 

Meanwhile, concerned parties have taken to Twitter to talk about the hack. A Twitter user identified as @Compresses8 asked if General Bytes will be paying customers back as the hack happened as a result of their negligence.

Are you paying customers back what was taken due to @generalbytes negligence><<??

— Compresses (@Compresses8) March 20, 2023

Another user, @oneBrain01, claimed the attack was perpetrated by somebody that knows the system very well, either a crypto ATM company or a rogue employee that owns a General Bytes ATM.

This was made by somebody that know the system very good, a cryptoATM company/ rogue employee that own GB atms. Is not like the hacker go with a usb stick and plug it to the ATM and upload the attack like in Watch Dogs the video game.

— oneHead (@oneBrain01) March 19, 2023

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

 

 

Tags: BITCOIN ATMsGeneral BitesHack
Share63Tweet39Share11
Durotimi Aribisala

Durotimi Aribisala

Durotimi is a writer who is interested in writing about emerging technologies such as blockchain, Web3, crypto, and AI. He studied business administration and management. He desires to be an entrepreneur and movie director sometime in the future.

Related Posts

source: ts2.tech
Crypto

Nevada Shuts Down Fortress Trust Amid Insolvency Concerns as U.S. Tightens Crypto Custody Rules

24 October 2025
source: theblock.co
Crypto

Polymarket Bets Spike as Traders See 12% Chance of Trump Pardoning FTX Founder Sam Bankman-Fried

24 October 2025
source: financialit.net
Bitcoin

ChainUp Investment CIO Says Bitcoin Rally Marks Institutional Phase of Digital Assets

24 October 2025
Crypto Bank Sygnum Plans EU and Asia Expansion Following Profitable First Half of 2024
Bitcoin

Sygnum and Debifi Partner to Launch MultiSYG, a Non-Custodial Bitcoin Loan Platform

24 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Are Ethereum-Based Treasuries Emerging as the Berkshire Hathaway of Crypto?

2 days ago

Is the Crypto Market Now Majorly Driven by Institutions?

2 days ago

CBDCs vs. Stablecoins: Which Has the Market’s Trust?

2 days ago

Your Weekend Crypto Roundup | October 2025 (Week 4)

3 days ago

A New Age of Money: Should Every Currency Have Its Own Stablecoin?

3 days ago

Inside Africa’s Financial Reinvention: The Surge of Stablecoin Adoption

3 days ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

    bychainwire
    25 October 2025
    0

    RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion

    bychainwire
    24 October 2025
    0

    Trezor Launches Trezor Safe 7: First Hardware Wallet With Transparent Secure Element

    bychainwire
    23 October 2025
    0

    Roba Shatters Closed Systems: The People’s Robotics Platform Launches To Dominate $218b Industry

    bychainwire
    23 October 2025
    0

    Aster Unveils Rocket Launch: A Gateway to Early-Stage Crypto Projects and Trading Rewards

    bychainwire
    23 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00