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Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide. Go to Source Powered by WPeMatico
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing wallets that receive transactions from Wasabi, a non-custodial bitcoin wallet that utilizes Coinjoin technology … Read more
With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs. Go to Source Powered by WPeMatico
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 … Read more
Bybit is set to roll out Mastercard-powered debit cards, allowing users to pay for goods and services with cryptocurrency holdings. Go to Source Powered by WPeMatico
52 crypto kiosks were seized in the investigation led by the U.S. Secret Service’s Cyber Fraud and Money Laundering Task Force. Go to Source Powered by WPeMatico
For more than a year, between December 2020 to January 2022, more than 1000 crypto and Bitcoin ATMs were being installed every month. Go to Source Powered by WPeMatico
The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees. Go to Source Powered by WPeMatico
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator. Go to Source Powered by WPeMatico
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. Go to Source Powered by WPeMatico
