Bitcoin ATM manufacturer General Bytes says it is reimbursing its cloud-hosted customers that lost funds in a “security incident” in March that saw its customers’ hot wallets accessed. As previously reported by Cointelegraph, the ATM manufacturer issued a statement about ...
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UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved – Regulation Bitcoin News
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Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with multiple ...
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy – Featured Bitcoin News
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One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for ...
Three Ways to Get the Most Out of Your ATM: a Spotlight on LAC
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The culture surrounding ATMs in the Latin American and Caribbean (LAC) region today is unlike those found in other markets, especially in comparison with Europe and the US, where ATMs are mostly used as cash machines for withdrawals, deposits and ...
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
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The price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash. At the time of writing, the price of 1 BTC on Nigerian ...
Australia ranks 3rd in crypto ATM installations after US and Canada
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Despite the bear market and the record-low dynamics of new Bitcoin ATM installations around the world, Australia breaks into the top three nations globally by the number of crypto ATMs. It was only in the first days of January when ...
Lightning Network gets physical form in Australia with Bitcoin ATM
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The Australian city of Coolangatta has got its first Bitcoin (BTC) ATM with integrated Lightning network capabilities. The new ATM has been installed at The Strand shopping center in Coolangatta and is now available for use by the public. A ...
Australia overtakes El Salvador to become 4th largest crypto ATM hub
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El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin ...
Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
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Nigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the use of the eNaira — Nigeria’s Central Bank Digital Currency (CBDC). The Central Bank of ...
9 years after the first Bitcoin ATM, there are now 38,804 globally
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On Oct. 29, 2013, a coffee shop in downtown Vancouver, Canada opened what is understood to be the world’s first publicly available Bitcoin (BTC) automatic teller machine (ATM) operated by Robocoin. The crypto ATM saw 348 transactions and $100,000 transacted ...