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  Hackers Use Xbox Live Microsoft Point Algorithm to Steal $1.2 Million
Time: 12:57 EST/17:57 GMT | News Source: Forbes.com | Posted By: Robert Stein

But what’s happened is that a group of hackers discovered the algorithm that created that character stream, and have been able to generate new codes themselves. Each new code gets about 160 MS points, which is only about $2, but each code can be used close to 10,000 times before it stops working.

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