Sat, November 23

Crypto ATM Firm Bitcoin Depot Finally Debuts on Nasdaq

Crypto ATM firm Bitcoin Depot had its public debut on the Nasdaq stock market today. A merger with GSR II Meteora, a blank check firm, was announced last week. At the time of writing, shares of Bitcoin Depot (BTM) were trading on the Nasdaq for $3.61. The price increased significantly

July 4, 2023 2 mins read

Crypto ATM Firm Bitcoin Depot All Set To Go Public This Week

With the completion of a merger deal, Bitcoin Depot, one of the biggest cryptocurrency ATM companies in the United States, announced that it would be going public. GSR II Meteora Acquisition Corporation, a fintech business, said on June 30 that its investors had authorized a merger that would allow the

July 1, 2023 2 mins read

Crypto ATM Installations Rebound in May Defying Previous Decline

There was a substantial increase in May of over 1,400 net installations of Bitcoin and cryptocurrency ATMs, despite a worldwide decrease in 2023. The number of crypto ATMs steadily declined over the first four months of 2023. While crypto ATM installations skyrocketed in countries like Australia, Poland, and Spain, bigger

June 4, 2023 1 min read

UK FCA Continues Crackdown on Illegally Operating Crypto ATMs

In conjunction with the Metropolitan Police, the largest police agency in the United Kingdom, Britain’s main financial regulator, the Financial Conduct Authority (FCA), stated on Wednesday that it has taken additional action against unlicensed crypto ATMs in East London. The FCA and the West Yorkshire Police conducted a series of

March 9, 2023 1 min read

FCA of UK Clamps Down on Crypto ATMs Over Non-registration

Recently, the Financial Conduct Authority (FCA) in the United Kingdom has been clamping down on cryptocurrency ATMs. That are not properly registered. The authority claims to have recently visited and investigated a number of locations near Leeds. It is a city in Northern England that was suspected of housing illegally

February 14, 2023 2 mins read

Crypto ATM Operator Cash Cloud Files For Chapter 11 Bankruptcy

Coin Cloud digital money ATMs in the US and Brazil, has filed for Chapter 11 bankruptcy in the US Bankruptcy Court in the District of Nevada. On its website, Coin Cloud boasts of having more than 5,000 ATMs that support more than 40 different cryptocurrencies.  When Coin Cloud had 4,826

February 9, 2023 1 min read

Bitcoin Depot Plans Going Public, Strikes $885M SPAC Deal

SPAC GSR II Meteora Acquisition Corp. merged with Bitcoin Depot. After the transaction is concluded, the SPAC will be replaced in the stock market. Bitcoin Depot, a supplier of cryptocurrency ATMs, has reportedly closed an $885 million SPAC (Special Purpose Acquisition Company) agreement to go public, as tweeted on its

August 25, 2022 2 mins read

Hackers Target Bitcoin ATMs Using Zero Day Exploit

The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting

August 22, 2022 2 mins read

Bitbase Exchange Opens Physical Crypto Trading Store in Paraguay

According to Bitbase, this will be the country’s first shop of its sort. The corporation said it wanted to expand its operations in Venezuela in February. Bitbase, a cryptocurrency exchange that provides help in physical locations, has announced opening its first shop outside of Europe. Cryptocurrency enthusiasts in Paraguay may

July 15, 2022 1 min read

Hyosung America’s 175,000 ATMs in the U.S to Process Crypto Transactions

Hyosung America also intends to include DigitalMint in its upcoming app store. The ATMs will be able to do more, including creating new income streams. POS firm DigitalMint has established exclusive cooperation with the premier cash management and payment solution provider, Hyosung America. As a result of this, Hyosung America’s

July 14, 2022 2 mins read