Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in MarchAccording to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, […]

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Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut down. The hacker was able […]

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World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

World's Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC DealThe largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq. Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM […]

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Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami

Bitstop to Unveil an NFT ATM That Dispenses NFTs at Bitcoin 2022 Event in MiamiThe cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also provides an “in-person minting experience.” Bitstop to Reveal NFT ATM […]

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Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears

Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus FearsOn Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and […]

The post Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears appeared first on Bitcoin News.

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Digital Asset ATM Provider Coinsource Acquires Bitlicense

Digital Asset ATM Provider Coinsource Acquires BitlicenseCoinsource announced on Thursday that it has become the first digital asset ATM provider to be granted a Bitlicense in the state of New York. The company joins 12 other organizations that have already received the license for virtual currency businesses from the New York Department of Financial Services (NYDFS). Also read: Anypay Provides BCH Invoices That […]

The post Digital Asset ATM Provider Coinsource Acquires Bitlicense appeared first on Bitcoin News.

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