Scammers steal £113,000 from Bitcoin ATMs by double spending before transactions can be cleared

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Four men wanted in Canada over an alleged Bitcoin ATM scam
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Four men wanted in Canada over an alleged Bitcoin ATM scam

Attackers took advantage of 'replace by fee' feature that makes 'stuck' transaction become 'unstuck'

Police in Canada are hunting for four men who stole CA$200,000 (£113,000) from Bitcoin cash machines in a scam that took advantage of the slow speed with which Blockchain updates. The attacks took place...

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