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ZachXBT Says Bitcoin Depot Breach Reached 54 BTC With 3-Day Detection Delay

Blockchain investigator ZachXBT said the Bitcoin ATM operator’s incident was larger than first reported and was not detected for three days.

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Terms & Concepts
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.
  • Blockchain investigator: An analyst who traces on-chain transactions and wallet activity to examine crypto-related incidents.
  • Bitcoin ATM: A machine that lets users buy or sometimes sell Bitcoin using cash or cards.