General Bytes, a Czech based cryptocurrency ATMs manufacturer, lost $1.5 million worth of clients’ crypto in hot wallet hack that used its cloud service. The company has closed the cloud service and promised to reimburse the losses to the victims.
Bitcoin ATM installations are on the rise again after a plunge last year. The U.S. leads the resurgence with over 31,600 machines installed. Challenges such as regulatory hurdles and high fees persist.
Bitcoin ATM installations are on the rise again after a plunge last year. The U.S. leads the resurgence with over 31,600 machines installed. Challenges such as regulatory hurdles and high fees persist.
General Bytes, a Czech based cryptocurrency ATMs manufacturer, lost $1.5 million worth of clients’ crypto in hot wallet hack that used its cloud service. The company has closed the cloud service and promised to reimburse the losses to the victims.
