Tag: ATM
Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud
An anonymous group of hackers claims to have stolen personal information for about 300,000 customers of the Bitcoin (BTC) ATM company called Coin Clou [...]
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these ma [...]
California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
California legislators have proposed a new bill titled “Digital financial asset transaction kiosks,” calling for a cap on crypto ATM withdrawals of $1 [...]
BTC ATM Numbers Drop 17% in a Year to Lowest Level Worldwide Since 2021
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Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and crypt [...]
KC Fed tracks healthy growth of crypto ATM industry despite predatory operators
The crypto ATM business is thriving in the United States, despite criticism for illegal or predatory behavior, according to a report released by the F [...]
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
United States based Bitcoin (BTC) ATM operator Bitcoin Depot said it posted best ever revenue numbers in the second quarter of 2023 as the company loo [...]
Tiny Bitcoin ATM Firm Bity Plans to Fight Giant Swiss Regulator FINMA in David vs Goliath Battle
What angered Bity is FINMA tightening know-your-customer (KYC) rules. Anyone using a Bitcoin ATM in Switzerland must now do a KYC check – in other wor [...]
Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger
The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said.
www.coindesk.com [...]
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go [...]
Economics of Bitcoin ATM market could hinder wider adoption
As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs [...]
Crypto Miner Hive Blockchain Targets 6 EH/s of Hashrate With New ATM Offering
The miner will sell up to $100 million common shares under its ATM offering, with Canadian investment firms Canaccord Genuity and Stifel acting as age [...]
Bitcoin ATM maker to refund customers impacted by zero-day hack
Bitcoin ATM manufacturer General Bytes says it is reimbursing its cloud-hosted customers that lost funds in a "security incident" in March that saw it [...]
Bitcoin ATM maker shuts cloud service after user hot wallets compromised
Bitcoin ATM manufacturer General Bytes has shuttered its cloud services after discovering a “security vulnerability” that allowed an attacker to acces [...]
Bitcoin ATM firm profited from crypto scams via unlicensed kiosks: Secret Service
A Bitcoin (BTC) technology firm and its executives have been indicted for allegedly operating unlicensed crypto kiosks in Ohio which knowingly benefit [...]