Crypto scams tied to Bitcoin ATMs are on the rise. Here’s how scammers trick victims and what lawmakers are doing about it.
When 85-year-old Fran Bates walked into a Fort Worth gas station in June 2024, she thought she was following her bank’s ...
In the not-too-distant future, Americans won't have to drive or even walk very far to find a bitcoin ATM. Connected to the internet, Bitcoin ATMs resemble traditional ATMs but link to an exchange ...
In November, the cybersecurity collective vx-underground wrote on X, formerly Twitter, that unknown hackers were claiming to have breached Coin Cloud, a bankrupt Bitcoin ATM company. According to ...
Cryptocurrency ATM operator Coin Cloud has followed its primary financial backer Genesis Global Holdco LLC into bankruptcy, the latest in a string of failures in the interlaced world of digital ...
Bitcoin ATMs let users buy crypto with cash, bypassing banks. Transactions at Bitcoin ATMs have high fees, ranging from 9% to 20%. Operators must comply with U.S. anti-money laundering laws. A Bitcoin ...
Cryptocurrency ATM operator Coin Cloud filed for Chapter 11 bankruptcy protection in Nevada with estimated liabilities of up to $500M, according to a recent filing. The company, which operates over ...
The Bakersfield Police Department is looking for a man who stole $12.35 in coins from an ATM at about 1 a.m. Oct. 29 at Bank of the Sierra on Mount Vernon Avenue. According to the Bakersfield Police ...
The company aims to restructure debt and emerge as a financially stable company. The Brazilian subsidiary is operating normally during reorganization. Get the strategy to turn September’s volatility ...
BECOMING A TARGET. SHELDON. YES, WELL, DOLLAR BANKING DAY, THEY ANNOUNCED AGAIN THAT THEY ARE AWARE THAT THEIR ATMS ARE BEING TARGETED. THEY SAY IS A GROUP OF CRIMINALS WHO ARE USING A DEVICE TO ...