Bitcoin ATM

An elderly couple was swindled out of their $1.3 million retirement fund by scammers pretending to be representatives from the Federal Trade Commission (FTC). The elaborate scam involved Bitcoin ATMs and gold bullion transactions. Barbara and Larry Cook were approached by fraudsters in...

Shares of Bitcoin Depot Inc. (NASDAQ:BTM) edged higher in Wednesday's pre-market trading after the cryptocurrency ATM operator reported nearly a threefold jump in second-quarter profits. BTM is showing upward movement. See if it is worth your attention here. Bitcoin Rally Helps Drive Earnings The...

Crypto ATMs are a popular way for people to exchange cash for cryptocurrency. The first Bitcoin ATM was launched in Vancouver, Canada, in 2013 by a company named Bitcoiniacs and Robocoin. What Happened? An AltIndex report indicates that the number of Bitcoin ATMs installed worldwide dropped to a...

Lux Vending (operating as Bitcoin Depot) is in a court battle against McLennan County Sheriff Parnell McNamara, over the seizure of cash from a Bitcoin (CRYPTO: BTC) ATM. What Happened: The incident reportedly occurred after an 82-year-old woman was scammed into transferring $15,000 into...

An attempted smash-and-grab involving a group of seven people was arrested in Southwest Houston after the group allegedly tried to steal a Bitcoin (CRYPTO: BTC) ATM from Smokie’s Smoke Shop in the early hours of Friday morning.  What Happened: According to a report by ABC13, the suspects...

Binance CEO Changpeng Zhao has drawn attention to a broadcast segment discussing cryptocurrencies, complete with the Bitcoin (CRYPTO: BTC) logo, on the state-run China Central Television. "This event is significant," he said. "Historically, broadcasts like these have been...

The U.S. is witnessing a stark decline in Bitcoin (CRYPTO: BTC) ATMs, even as the apex crypto rallied over 40% from $16,500 to $23,500-level in 2023. What Happened: According to data from Coin ATM Radar, in the first two months of 2023, the net number of cryptocurrency ATMs in the U.S. decreased by...

Coin Cloud, a Las Vegas-based company that operated more than 4,000 Bitcoin ATMs in the U.S. and Brazil, declared Chapter 11 bankruptcy. The court filing estimated the company's liabilities to be between $100 million and $500 million, with Genesis Global Trading, a subsidiary of...

The number of Bitcoin (CRYPTO: BTC) ATMs in the U.S. has jumped 26% since this time last year. This is indicative of the growing popularity of Bitcoin and other cryptocurrencies in the country. What Happened: Data from Coin ATM Radar shows that there are 33,681 Bitcoin ATMs in the U.S. —...

The servers of Bitcoin (CRYPTO: BTC) ATM manufacturer General Bytes were compromised by a zero-day exploit, allowing hackers to take over as default administrators and modify settings to send money to their wallet addresses. Although the total amount of funds stolen and the number of compromised...

What Happened: Leading enterprise technology provider NCR Corporation (NYSE: NCR) plans to acquire cryptocurrency ATM operator LibertyX. In an announcement on Monday, NCR said it plans to offer digital currency solutions for banks, retailers, and restaurants after the acquisition. The companies did...

The value of Bitcoin continues to soar to record highs. Stocks with ties to Bitcoin and cryptocurrency continue to soar as a parallel trade. What Happened: One cryptocurrency connected stock that is soaring is Future FinTech Group (NASDAQ: FTFT), a leading blockchain e-commerce company and a...

More mainstream investors are getting bullish on volatile digital currencies bitcoin and Ethereum. This week, investing icon Bill Miller and Ritholtz Wealth Management CEO Josh Brown both revealed they have made small investments in bitcoin. But buying bitcoin and Ethereum isn’t as easy as...