#Cryptomats

Cryptomats are machines that allow users to buy or sell cryptocurrencies using cash or credit cards.

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ForkLog 16 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 23 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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ForkLog 45 09.02.2023

Bitcoin ATM operator Coin Cloud files for bankruptcy

Coin Cloud, which operates more than 4,000 Bitcoin ATMs in the United States and Brazil, has filed for bankruptcy.

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ForkLog 14 09.01.2023

Bitcoin-ATM installations slowed sharply in the second half of 2022

In the second half of 2022, the number of cryptocurrency ATMs worldwide grew by only 94 units, versus 4,169 in January–June. Data from Coin ATM Radar show this.

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ForkLog 6 31.10.2022

Bitcoin ATM installations rebound worldwide in October

After a slump in September — down 459 devices — the number of Bitcoin ATMs worldwide in October rose by more than 200 units to 38,823, according to Coin ATM Radar.

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ForkLog 9 25.08.2022

Bitcoin ATM operator to go public with $885 million valuation

The largest cryptocurrency ATM operator in North America, Bitcoin Depot, plans to go public with an $885 million valuation via a merger with SPAC GSR II Meteora Acquisition Corp, according to The Wall Street Journal.

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ForkLog 15 22.08.2022

Hackers Attack General Bytes Bitcoin ATMs

Hackers breached General Bytes' Bitcoin ATM settings, allowing cryptocurrency deposited through the devices to be redirected to their own wallet.

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ForkLog 7 08.08.2022

Global Bitcoin ATM count surpasses 39,000

The number of cryptocurrency ATMs worldwide rose to 39,015, according to Coin ATM Radar. A year ago it stood at 25,154.

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ForkLog 13 14.07.2022

ATM maker Hyosung to add Bitcoin and Litecoin support in the United States

The American unit of the South Korean ATM maker Hyosung will add to its developing app store DigitalMint services that enable buying Bitcoin and Litecoin. In the United States, the company operates about 175,000 ATMs.

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ForkLog 17 06.06.2022

In May, Bitcoin ATM installations slowed to 2019 levels

In May, 202 new crypto ATMs were installed worldwide. The last time such low figures were seen was in 2019, according to Coin ATM Radar.

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ForkLog 18 02.05.2022

Global Bitcoin ATM installations slow since early 2022

April was the fourth consecutive month of decline in the global pace of crypto-ATM installations, according to Coin ATM Radar.

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ForkLog 22 11.03.2022

UK regulator to ban bitcoin ATM operators

The UK Financial Conduct Authority (FCA) warned that operators of cryptocurrency ATMs are operating illegally in the country.

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