LibertyX to Transform 90 Conventional ATMs to Crypto ATMs in Arizona and Nevada

LibertyX to Transform 90 Conventional ATMs to Crypto ATMs in Arizona and Nevada

The Boston-based LibertyX, an organization that develops software which transform standard non-bank ATMs to administer Bitcoin, has collaborated with ATM manufacturer DesertATM to include 90 ATMs situated in Arizona and Nevada to its existing Bitcoin ATM network. AMPM, ARCO and Chevron gas stations and Family Dollar retail locations are some of the places where these Bitcoin ATMs are now installed, as per the company’s press release. LibertyX’s software product is installed on conventional, money dispensing…

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Drug Trafficking Group in Spain Used Crypto ATMs for Money Laundering

Drug Trafficking Group in Spain Used Crypto ATMs for Money Laundering

With cryptocurrency came a lot of innovative developments. One of such innovations is the creation of ATM-like machines specifically for dispensing virtual currencies. These machines function like the conventional automated teller machines (ATMs). You can put in a specific amount to get the equivalent worth in crypto coins or convert the cryptocurrencies in your wallet to fiat currency and withdraw the hard cold cash. This development was highly welcomed in the crypto community, only that…

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Crypto Exchange Coinsquare Wants to Upgrade ATMs to Crypto ATMs with Fintech Acquisition

Crypto Exchange Coinsquare Wants to Upgrade ATMs to Crypto ATMs with Fintech Acquisition

Coinsquare, a leading Canadian crypto exchange, has recently acquired a controlling stake in fintech software developer company Just Cash. Coinsquare may expand its services with this investment. The amount of investment isn’t disclosed yet. The software developed by Just Cash will allow the users to buy cryptocurrencies directly from ATMs (any regular ATM) without disturbing their normal operations and without the necessity of installing any extra hardware and apps from either the user or the…

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Crypto ATM Provider DigitalMint Partners Up with Convenience Store Chain Circle K

Crypto ATM Provider DigitalMint Partners Up with Convenience Store Chain Circle K

DigitalMint, a Chicago-based cryptocurrency ATM provider, has recently announced a partnership with American multinational chain of convenience stores, Circle K. The partnership will enable consumers to buy Bitcoin through physical kiosks and teller windows at Circle K stores. The crypto firm will add 20 Bitcoin ATMs (or BTMs) across Arizona and Nevada as part of an exclusive pilot program. The partnership is said to be the largest one for DigitalMint which will probably accelerate the…

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Bitcoin ATMs Face Possible Ban in Vancouver as Crypto-Related Crime Rate Increases

Bitcoin ATMs Face Possible Ban in Vancouver as Crypto-Related Crime Rate Increases

Crypto ATMs (also popularly known as Bitcoin ATMs) are designed to help facilitate crypto transactions. Like the everyday familiar ATMs, these machines allow crypto users to make seamless withdrawals at any of the locations in which the machines are situated. Sadly, crypto ATMs could also be a great tool for money laundering in the wrong hands. This is just another example of a ‘good innovation’ being used for bad things. Well, it seems that Vancouver…

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Coinme and Coinstar Make Bitcoin Purchasing Available in Over 2,200 Kiosks Across 21 US States

Coinme and Coinstar Make Bitcoin Purchasing Available in Over 2,200 Kiosks Across 21 US States

The first licensed Bitcoin kiosk company Coinme just took things up a notch by making Bitcoin readily available for cash purchase across 21 states in the United States. The venture-backed blockchain FinTech company, which boasts the largest Bitcoin kiosk network on the planet, took to their blog section on Wednesday, May 22 to announce the exciting news. The blog post states that the company (in an ongoing and expanding collaboration with Coinstar) has made it…

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Expanding the Partnership with Coinstar, Coinme Becomes the Largest Crypto ATM Network in Kiosks

Expanding the Partnership with Coinstar, Coinme Becomes the Largest Crypto ATM Network in Kiosks

Coinme entered into a bigger collaboration with Coinstar to become the largest Bitcoin kiosk network in the world. The two firms already have a strong partnership upon which they now further expand. Coinme’s Growth The blockchain-based financial technology giant Coinme established itself as the largest player in the Bitcoin kiosk business as it announced an expansion of a partnership, empowering its digital currency operations. Collaborating with Coinstar, it now offers its service across a network…

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Research: Global Crypto ATM Market to Reach $183.77 million in 2024

Research: Global Crypto ATM Market to Reach $183.77 million in 2024

The relatively small industry of crypto ATMs, which was born out of the need to make the exchange of crypto coins easier and faster, now boasts a market value up to 18.513 million USD, according to a new report by ResearchAndMarkets.com. The crypto ATM industry, which deals basically in little shops dubbed crypto ATMs designed to allow crypto enthusiasts and customers to easily and safely exchange their crypto coins for fiat currencies, has grown in…

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Armed Robbers Steal a Bitcoin ATM from a Shop in the UK

Armed Robbers Steal a Bitcoin ATM from a Shop in the UK

When it comes to news about some sort of online theft, one can easily expect Bitcoin or other cryptocurrency to be involved especially due to the anonymity that digital currencies offer their users. However, unlike most other thefts in which the actual Bitcoin is stolen, a unique armed robbery happened in a shop in Northampton, England, when masked robbers attempted to rob the Bitcoin ATM that was installed in the store. How did this robbery…

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Featured: Where to Use Bitcoin in the Real World

Featured: Where to Use Bitcoin in the Real World

You probably hear a lot about Bitcoin, maybe you own some or know people who own the world’s most popular cryptocurrency, but what can you do with it? For some people, cryptocurrency is treated like stocks. You exchange your money for a crypto coin and cash out when it rockets in value. For others, cryptocurrency represents something entirely different: a new digital age for finance. There is almost no way to trade or exchange value,…

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