#BitcoinATM

FTC: Over $110 million lost to Bitcoin ATM scams in 2023

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September 3, 2024 at 04:42PM The FTC reported a significant increase in losses from Bitcoin ATM scams, reaching over $110 million in 2023 and $65 million in the first half of 2024 for Americans. Scammers impersonate authorities to convince victims to deposit cash, with consumers aged 60 and older being more vulnerable. The FTC provided … Read more

Vulnerabilities in Lamassu Bitcoin ATMs Can Allow Hackers to Drain Wallets

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January 23, 2024 at 01:48PM Three vulnerabilities in Lamassu Douro bitcoin ATMs allowed attackers with physical access to take over and steal user assets, as reported by IOActive. The vulnerabilities, tracked as CVE-2024-0175, CVE-2024-0176, and CVE-2024-0177, enabled attackers to execute an attack with the same level of access as regular customers. Lamassu fixed the bugs … Read more