You Searched For "Bitcoin ATM" and got 20 results
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4 mins read
I tried to use a crypto ATM. Here's what happened and why I won't do it again.
I deposited $20 into the crypto ATM and later received $13.22 in bitcoin after fees. Critics of cen…
Morgan Chittum
2 mins read
A US government report urges tighter rules around crypto ATMs to clamp down on human trafficking and drug dealing
The GAO report pointed out a loophole in regulations that cover crypto ATMs that could aid illicit …
Isabelle Lee
5 mins read
I became a millionaire at 21 after winning the lottery. It changed my life, but I sometimes felt like a walking ATM.
A 21-year-old lottery winner who received $28 million shares how he spent the money and it impacted…
Kitti Palmai
1 min read
The US network of bitcoin ATMs is vulnerable to hacks, according to crypto exchange Kraken
Bitcoin ATMs may seem like a safe proposition, but a report by crypto exchange Kraken showed the ne…
Camomile Shumba
2 mins read
El Salvador's President says the country has prepared to adopt bitcoin as legal currency in September by installing 200 ATMs and prepping bank branches to handle crypto
President Nayib Bukele announced that El Salvador is installing bitcoin 200 ATMs and preparing over…
Isabelle Lee
4 mins read
El Salvador is pushing for the use of Bitcoin with ATMs, digital wallets and free money — but participation is not ‘mandatory’
El Salvador’s President, Nayid Bukele, is leaving no stone unturned in trying to get the country’s …
2 mins read
Bitcoin anonymity is just a big myth - and using it to launder dirty money is stupid, a crypto ATM chief says
The digital asset is perceived to be anonymous as it has often been associated with illegal activit…
Shalini Nagarajan
1 min read
MoneyGram will allow customers to purchase bitcoin with cash at physical locations in partnership with ATM operator Coinme
Customers of MoneyGram can now purchase bitcoin with cash and withdraw bitcoin holdings in cash fro…
Isabelle Lee
2 mins read
The US far outranks other countries in its readiness to adopt cryptocurrency, study finds
The US has more than 17,000 crypto ATMs, the most of any country, according to a Crypto Head study.
Carla Mozée
1 min read
A Californian man whose ATM network laundered bitcoin for criminals has been sentenced to two years in prison
Kais Mohammad, who called himself "Superman29," illegally exchanged as much as $25 million through …
Zahra Tayeb
2 mins read
El Salvador's Chivo bitcoin wallet gets a new software developer after complaints about ID theft and disappearing funds
El Salvador will use crypto software developer AlphaPoint to deal with problems that its bitcoin wa…
Hamza Fareed Malik
2 mins read
Bitcoin ATM operators are forming a coalition to prevent crypto-linked crimes
The Cryptocurrency Compliance Cooperative comprises 15 initial members dedicated to bolstering comp…
Isabelle Lee
2 mins read
El Salvador adds another 150 Bitcoin to its coffers — totalling over $32 million in Bitcoin
This means El Salvador now holds over $32.5 million worth of BTC. Bukele had sent out a similar …
2 mins read
An entrepreneur told police he was tortured for several hours by masked criminals attempting to steal his bitcoin millions
Zaryn Dentzel reportedly told police that an organized gang tied and gagged him before escaping wit…
Zahra Tayeb
2 mins read
El Salvador buys another 150 bitcoins to bring its total holdings of the cryptocurrency to $31 million
El Salvador bought during the latest dip, as bitcoin slipped below $45,000 amid a broader crypto se…
Isabelle Lee
2 mins read
A single bitcoin transaction creates as much waste as throwing out two iPhones, economists find
Bitcoin doesn't just use huge amounts of energy, the mining process also creates vast quantities of…
Harry Robertson
2 mins read
El Salvador recruits Mike Novogratz-backed crypto unicorn BitGo to code its official bitcoin wallet
The crypto unicorn, backed by billionaire Mike Novogratz, provided the Chivo wallet's programming i…
Shalini Nagarajan
2 mins read
Bitcoin could boost El Salvador's economy by making overseas payments cheaper and boosting US business, Bank of America says
The market has been "excessively pessimistic" about El Salvador's move to adopt bitcoin as legal te…
Harry Robertson
1 min read
Cryptocurrency scams using ATMs and QR codes are on the rise, the FBI warns
Criminals send victims to a cryptocurrency ATM to buy coins. Then the victims use a QR code associa…
Jason Ma
3 mins read
El Salvador is set to make bitcoin an official currency next week. But a messy rollout has marred the process amid anti-bitcoin protests in the country's capital.
The bitcoin law will affect local business, global investment, and daily life for Salvadorans. Yet …