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Bitcoin ATMs News & Media

Bitcoin ATMs laundering money in London, police say

December 5, 2017

Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.

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Bitcoin ATM deployer beefs up fleet with 20 terminals

December 1, 2017

Coinsource, a bitcoin ATM network, has announced the deployment of 20 terminals in Georgia, the company's single largest installation to date, according to a…

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Do bitcoin and blockchain have a future in financial services?

Distributed ledger technology undoubtedly has characteristics that could improve payment processing efficiency and security ... if financial service providers…

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Hyosung software enables virtual currency transactions at traditional ATMs

November 20, 2017

Nautilus Hyosung America has announced the introduction of Just Cash, ATM functionality that enables bitcoin transactions on a standard ATM.

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Miami bitcoin ATM operator goes bicoastal

November 16, 2017

Bitstop, a Miami-based Bitcoin ATM company, has expanded to California with nine new bitcoin ATMs in the Golden State. The company has added five more…

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Energy drink company develops thirst for bitcoin ATMs

November 13, 2017

DNA Brands Inc., an energy drink company making the transition to blockchain technology provider and incubator, has closed a deal with Bitcoindepot.com to…

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My transaction was rejected — and it was a deposit!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

"Check rejected for technical reasons," the screen said. What? I had endorsed it correctly and it all looked good, but rejected? Not even accepted and flagged…

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Signal or noise?: Deciphering the value of cryptocurrencies

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Understanding the potential of blockchain and decentralized applications begins with asking the right questions about what they're for and what gives them…

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Transtrack applies cash supply know-how to bitcoin ATMs

October 5, 2017

Byelex Multimedia Products B.V., a supplier of bitcoin ATMs in the Netherlands, has tapped Transtrack International B.V., a cash management software provider…

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Bitcoin value drops on news of Chinese exchange shutdown

September 11, 2017

Between Thursday and Friday last week, Bitcoin value dropped 7.3 percent following reports that Chinese regulators were forcing the shutdown of that…

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'A really stupid idea': Entrepreneur regrets decision to open Malta's first bitcoin ATM

September 11, 2017

The first and only bitcoin ATM on the Island of Malta has not been a resounding success.

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Aussie partners aim to offer 2-way bitcoin transactions at traditional ATMs

September 8, 2017

DigitalX Ltd., and Stargroup Ltd. have inked joint venture agreement to provide a two-way ATM solution for buying and selling bitcoin.

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SEC investigation of The Dao opens a can of worms for ICOs

July 31, 2017

The Securities and Exchange Commission issued an investigative report Wednesday cautioning market participants that offers and sales of digital assets (i.e.…

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Partnership merges check-cashing capability, bitcoin ATM functionality

June 20, 2017

First Bitcoin Capital Corp., a developer of digital currencies and blockchain technology, has teamed with Simple Automated Money Inc., a provider of automated…

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UK bitcoin ATM provider touts grand plan for network expansion in 2017

June 8, 2017

Bitlish, a U.K.-based bitcoin ATM provider, has announced plans to add 5,000 new terminals across Europe this year.

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Coinsource marks 100th bitcoin ATM deployment

May 2, 2017

Coinsource, which bills itself as the world's largest bitcoin ATM network, recently passed the 100-machine milestone in Q1 with 14 new installations in New…

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How Chinese exchanges influence bitcoin

Bitcoin was designed to be free from control by any one institution. But as mining and buying activity become concentrated in China, a country whose government…

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The whys and hows of banks and the blockchain

The blockchain technology at the heart of the cryptocurrency bitcoin has opened up a number of possibilities for the banking industry. Here's what's in it for…

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Following death blow to Winklevoss ETF, bitcoin bounces back

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The price of bitcoin is off only about 5 percent since Friday, when the SEC nixed the Winklevoss-backed proposal for a bitcoin exchange-traded fund. Which…

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In 1 month, 14 new West Coast installations for bitcoin ATM deployer

March 14, 2017

The Coinsource bitcoin ATM network has added 14 new machines in California this month, marking its largest multimachine installation in any area, the company…

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