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Curious about what is a Bitcoin ATM? Learn about these electronic kiosks that let you buy or sell Bitcoin and other cryptocurrencies. Recently, the popularity and mainstream acceptability of Bitcoin (BTC) have been growing, especially given the Jan. 10 approval…
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2023 saw a significant decline in crypto ATMs, with more than 5,700 units discontinued.

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Hackers are said to have gained access to such private data as SSNs, emails, and phone numbers for more than 300,000 customers of Coin Cloud. An unknown cybercriminal (or a group of hackers) has reportedly gained unauthorized access to personal…
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Bitcoin (BTC) ATMs have become both a convenience and a concern, with scammers exploiting unsuspecting victims. Authorities in the U.S. and other jurisdictions are now waging war against crypto ATM-based scams.
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McLennan County authorities have resolved a lawsuit with Lux Vending's Bitcoin Depot over the incorrect seizure of $15,000 from a Bitcoin ATM following an elderly woman's scam incident.
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WonderFi has announced a strategic partnership between its subsidiary, Bitbuy Technologies Inc., and Localcoin, the largest Bitcoin ATM provider in Canada. Under this partnership, Bitbuy’s digital asset services will now cover up to half of the Bitcoin ATMs in the…
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Bitcoin Depot, a prominent bitcoin ATM operator, has successfully launched on the Nasdaq stock exchange, becoming the first US company in the bitcoin ATM industry to go public.
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Bitcoin of America has agreed to a settlement deal with the Department of Banking to refund the four customers who lost tens of thousands through the crypto kiosks. In a recent statement from the Banking Commissioner in Connecticut, Jorge Perez,…
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Using its powers under money laundering regulations, the UK Financial Conduct Authority (FCA) has raided crypto ATMs suspected of being illegally operated across England

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Currently hosting 370 locations, Australia has surpassed Asia’s total number of crypto ATMs and now ranks third globally.
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General Bytes, a manufacturer of bitcoin ATMs, has closed down its cloud services due to the discovery of a security flaw that enabled hackers to access users' hot wallets and acquire confidential data.
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In their most recent move to disrupt unlicensed enterprises in the cryptocurrency industry, the British authorities have set their sights on cryptocurrency ATMs.
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Bitcoin Depot upgrades 7,000 crypto ATMs to software-based service, eliminating yearly software license costs and cutting expenses. They also plan to go public in 2023.
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Cash Cloud has filed for Chapter 11 "reorganization" bankruptcy in the United States Bankruptcy Court in the District of Nevada.
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Per recent updates, Australia now ranks third in crypto installations worldwide, having 234 cryptocurrency ATMs.
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The rate of new crypto ATM installations across the globe declined significantly in the latter half of 2022, with fewer than 100 machines coming online during the period. The total count of these machines also dipped slightly as the crypto…