Bitcoin Depot reports theft of 50.9 BTC in hack

Bitcoin Depot, a Nasdaq-listed company and the world's largest Bitcoin ATM operator, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) that it lost 50.9 BTC to a hack on March 23. The stolen assets are valued at approximately $3.66 million. According to the filing, the hackers gained access to the company's IT systems, compromised its cryptocurrency settlement account information, and used it to make unauthorized withdrawals.