Popular Bitcoin ATMs Prone to Multiple Attacks, Kraken Security Labs Reveal

Popular Bitcoin ATMs Prone to Multiple Attacks, Kraken Security Labs Reveal

(Kraken) Kraken Security Labs has found that the General Bytes BATMtwo (GBBATM2), a commonly used crypto ATM, is vulnerable to multiple attacks via a default QR code. 

Kraken established that many ATMs were configured with a similar default administrative QR code, potentially opening up attacks by the holders of the code.

Kraken also found security vulnerabilities posed by the Android operating software, the hardware case, and ATM management system.

The exchange reported the security flaws to General Bytes on April 20 this year and alerted the customers. Full security fixes are still lacking and hardware revisions to the ATMs may be needed.

BTCUSD is up +4.36%, ETHUSD is up +5.33%.

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