Search
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
30.6.2024
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end...
Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak
21.5.2024
For the first time since July 2023, the number of active Bitcoin ATMs worldwide has decreased following US ATM shutdowns.
The post Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak appeared first on Cryptonews
US shutdowns lead to global decline in Bitcoin ATMs
21.5.2024
Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark
Australia Now Has Over 1,000 Bitcoin ATMs: Report
24.4.2024
Based on information released on April 24, 2024 by Coin ATM Radar, Australia joined the US and Canada as countries with more than 1,000 operational crypto-fiat ATMs, marking an important achievement as the third-largest host of Bitcoin ATMs.
The post Australia Now Has Over 1,000 Bitcoin ATMs:...
Australia joins 1,000+ Bitcoin ATM club alongside US, Canada
24.4.2024
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021
Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo
24.4.2024
The government of El Salvador is yet to address the massive data hack against its Chivo wallet and ATMs.
The post Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo appeared first on Cryptonews
DEX Aggregator 1inch Partner with Mastercard to Rollout Crypto Debit Card
9.4.2024
The 1inch Crypto Card will allow users to make seamless cash withdrawals at supported ATMs through crypto-to-fiat conversion.
The post DEX Aggregator 1inch Partner with Mastercard to Rollout Crypto Debit Card appeared first on Cryptonews
Bitcoin ATM Vulnerability Fixed: Hackers Could Have Gained ‘Full Control’
25.1.2024
Bitcoin ATM maker Lamassu Industries has successfully addressed a vulnerability that could have granted hackers “full control” over its Bitcoin ATM machines. The flaw came to light when a team of ethical hackers from security firm IOActive attempted to compromise Lamassu’s Bitcoin...
Bitcoin ATMs See First Decline in a Decade with 11% Drop
2.1.2024
Source: Adobe / Petr For the first time in a decade, the number of installed Bitcoin ATMs worldwide fell in 2023. According to data from Coin ATM Radar, the number of installed Bitcoin ATMs in the world fell 11%, from 37,827 on January 1, 2023, to 33,622 on the same date in 2024. In...
Unprecedented Downturn: Over 5,700 Crypto ATMs Decommissioned in 2023, Marking First Annual Decline
31.12.2023
Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been decommissioned, constituting a 14.56% decrease from the peak...
South Korea’s Biggest Supermarket Says Next-gen ATMs May Be Crypto Compatible
7.12.2023
Source: CravenA/Adobe Emart, South Korea’s largest retailer and supermarket chain, says its new next-generation ATMs could soon feature crypto and security token offering (STO) trading functions. The First reported that Emart’s convenience store brand Emart24 has installed new “digital ATMs” at...
Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs
14.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions...
Russians Will Be Able to ‘Withdraw’ Digital Rubles as Cash at ATMs
9.11.2023
Source: motortion/Adobe A major Russian bank has created a solution that lets digital ruble holders perform real-time “withdrawal”-type cash conversions at ATMs. Per Izvestia, VTB Bank has developed a solution that lets CBDC holders instantly convert their digital rubles to banknotes at any of...
Athena Bitcoin to Integrate Lightning Network for Bitcoin ATMs in El Salvador
8.11.2023
Source: Pixabay / Michael Wuensch Athena Bitcoin has announced plans to integrate the Lightning Network into its crypto ATM fleet in El Salvador with wider expansion targeted at the entire Latin American region. In a Nov 7 press release, the company revealed it has enabled the technology...
Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024
8.11.2023
Source: AdobeStock / l_martinez Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported. Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard...
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...
California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
23.10.2023
A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
19.10.2023
Since the end of last year, the number installed has dropped 7,000, or 17%
Crypto Exchange Bitgamo to Open 75 Crypto ATMs in Europe Next Year
11.9.2023
Bitgamo, a Luxemburg-based emerging crypto to fiat exchange, has announced that it would establish 75 cryptocurrency ATMs across Europe in 2024, promising the best rate in the market....
Read More: Crypto Exchange Bitgamo to Open 75 Crypto ATMs in Europe Next Year
KC Fed tracks healthy growth of crypto ATM industry despite predatory operators
31.8.2023
The crypto ATM industry gets little attention relative to its size and issues. It appeals to users with motivations ranging from convenience to investment