Bitcoin ATMs News & Media

German authorities seize nearly $28M from crypto ATMs

August 21, 2024

The German Federal Financial Supervisory Authority recently seized nearly $28 million from 13 cryptocurrency ATMs. The authorities targeting these machines…

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Advanced ATM features: 5 to include

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Here are five advanced ATM features that you should include.

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Australia surpasses 1,000 bitcoin ATMs

April 24, 2024

Australia now has 1,002 bitcoin ATMs in operation. This makes it the third largest bitcoin ATM network in the world, with Canada in second and the U.S. in…

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Hacker exposes source code for El Salvador bitcoin ATMs

April 24, 2024

A hacker recently exposed the source code of El Salvador's government Chivo bitcoin ATMs. This is the only the latest in a string of hacks in the country, such…

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Bitcoin Depot purchases 2,300 bitcoin ATMs

April 19, 2024

Bitcoin Depot, a U.S.-based bitcoin ATM operator, purchased approximately 2,300 bitcoin ATMs and plans to strategically deploy these kiosks as part of its…

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CoinFlip pre-reg process simplifies transactions

April 19, 2024

CoinFlip, a global digital currency platform company, has launched a pre-registration process that allows customers to obtain pre-approval online before…

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Bitcoin Depot surpassing 8K ATM goal

April 11, 2024

Bitcoin Depot is set to surpass its goal of deploying 8,000 Bitcoin ATMS a few months ahead of schedule.

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Coinme intros cash-to-crypto at Coinstar kiosks

March 27, 2024

Coinme, a cryptocurrency cash exchange, announced a service with Coinstar to allow customers to purchase cryptocurrency and add it to their wallet by…

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Bullet Blockchain deploys 10 bitcoin ATMs in Georgia

March 26, 2024

Bullet Blockchain Inc., a software development company, deployed 10 bitcoin ATMs in Georgia. This was part of the company's strategy to acquire a fleet of…

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Bitcoin Depot saw profit growth in 2023 in financial results

March 25, 2024

Bitcoin Depot Inc., a bitcoin ATM operator announced gross profit in the fourth quarter of 2023 was $17.9 million, compared to $14.6 million year over year.

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US Financial Services Committee approvals resolution to overturn SEC crypto guideline for banks

March 1, 2024

The U.S. House Financial Services Committee approved a resolution that would overturn the Securities and Exchange Commission's Staff Accounting Bulletin No.

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Genesis Coin files lawsuit against AML Software, Bitcoin of America for alleged copyright infringement

February 12, 2024

Genesis Coin Inc. filed a lawsuit against AML Software Inc. and Bitcoin of America for allegedly copying software code for its user interface for ATMs. The…

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Kenosha, Wisconsin police warn of bitcoin ATM scam

February 9, 2024

Police in Kenosha, Wisconsin have warned the public of a bitcoin ATM scam that is currently impacting the community. Scammers send texts to victims telling…

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3 predictions for the ATM Industry in 2024

by Maya Fuentes — Senior Vice President, M&A Business Development, Paramount Management Group

The ATM industry is constantly evolving to meet the changing needs of consumers. Going into this new year, several key trends are expected to shape the future…

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Florida seeks to regulate crypto ATMs

January 24, 2024

Florida lawmakers want to apply existing ATM restrictions to cryptocurrency ATMs to prevent fraud, according to a wmfe.org report.

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Bitcoin ATMs down by 11% year-over-year

January 2, 2024

Bitcoin ATMs have declined by 11.1% year-over-year. On Jan. 1st, 2024, the total number of bitcoin ATMs stood at 33,638, down from 37,827 on Jan. 1 2023…

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Bitcoin ATM operator Margo gains $16M in funds

January 2, 2024

Chicago Atlantic delivered a $16 million secured term loan to Margo, a cryptocurrency ATM operator. With this investment, Margo will expand its bitcoin ATM…

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Crypto firm Byte Federal expands into Australia

December 22, 2023

Byte Federal Inc., a cryptocurrency services company, has launched Byte Federal Australia to provide bitcoin ATMs, cryptocurrency point-of-sale solution…

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KuCoin intros Visa crypto card

December 4, 2023

KuCoin, a cryptocurrency exchange, has launched KuCard, a cryptocurrency debit card. The card converts cryptocurrency into fiat currency at point of sale for…

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RockItCoin donates to Chicago hunger relief

November 15, 2023

RockItCoin, a bitcoin ATM operator, recently made a bitcoin donation to Nourshing Hope, a hunger relief organization based in Chicago as part of its RockItCoin…

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