Cryptomats | ForkLog

ForkLog 16 29.03.2024

Bitcoin ATMs Experience Growth Despite Spot ETFs

The pace of Bitcoin ATM installations is expected to accelerate post-halving, when FOMO traditionally peaks in the market. This view was expressed by Bitcoin Depot CEO Brandon Mintz in an interview with Cointelegraph. In 2023, the number of crypto ATMs declined for the first time in a decade, dropping by 11.4%. This was attributed to […]

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ForkLog 9 26.01.2024

Critical Vulnerability Found in Bitcoin ATMs by Researchers

Lamassu Industries has addressed a vulnerability in its Bitcoin ATMs that allowed attackers full control over the devices, reports Cointelegraph. Security researchers from IOActive attempted to hack ATMs produced by Lamassu. They were able to identify several serious issues. Hacked Bitcoin ATM. Data: IOActive. Günther Ollmann, the technical director of the analytics firm, stated that […]

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ForkLog 14 08.01.2024

Global Bitcoin ATM Numbers Decline by 11% in 2023

In 2023, the number of cryptocurrency ATMs installed worldwide decreased from 37,830 to 33,484 units, marking a decline of approximately 11.4%, according to Coin ATM Radar. Source: Coin ATM Radar. This marks the first recorded annual decrease in operational devices since the service began tracking the market. The United States dominates the market, accounting for […]

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ForkLog 11 13.11.2023

Hackers claim breach of bankrupt Coin Cloud Bitcoin ATM operator

An unknown hacker group claimed to have stolen 70,000 selfies and confidential data from 300,000 Coin Cloud bitcoin ATM customers.

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ForkLog 8 09.11.2023

Lightning Network to be supported in El Salvador’s Bitcoin ATMs

Athena Bitcoin Global and Genesis Coin integrate Lightning Network (LN) into Bitcoin ATMs in El Salvador and other Latin American countries.

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ForkLog 6 03.07.2023

Bitcoin Depot makes Nasdaq debut

On June 30, the operator of Bitcoin Depot ATMs announced the closing of its merger with SPAC GSR II Meteora Acquisition Corp.

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ForkLog 6 04.06.2023

Bitcoin ATM installation pace rebounds

The number of cryptocurrency ATMs worldwide rose to 35,065. In early April there were 5% fewer at 33,389.

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ForkLog 10 03.04.2023

Since the start of 2023, the number of Bitcoin ATMs worldwide has fallen by 10%.

The number of cryptocurrency ATMs worldwide has fallen to 33,740 units. At the start of 2023 they were 10% higher — 37,591, according to data from Coin ATM Radar.

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ForkLog 10 20.03.2023

Bitcoin ATM maker General Bytes attacked again by hackers

A malicious actor hacked the cloud service of the Bitcoin ATM maker General Bytes and autonomous servers of device operators, gaining access to personal information and funds.

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ForkLog 5 09.03.2023

FCA raids to crack down on unregistered Bitcoin ATMs in London

The UK Financial Conduct Authority has continued to crack down on unregistered crypto ATMs.

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ForkLog 9 06.03.2023

Bitcoin ATM Operators in the United States Accused of Fraud and Money Laundering

The executives of S&P Solutions were charged with installing unlicensed Bitcoin ATMs in the United States that were used to commit fraud.

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ForkLog 8 15.02.2023

British authorities raid Bitcoin ATMs

West Yorkshire Police and the UK’s Financial Conduct Authority (FCA) conducted raids on several businesses in the Leeds area. It is believed the companies illegally installed cryptocurrency ATMs, The Guardian reports.

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