Bitcoin ATM

Genesis Coin Inc, the first and largest Bitcoin ATM software platform worldwide, announced today that they had been acquired by early Bitcoin ATM pioneers Andrew Barnard and Doug Carrillo. Founded in 2013, Genesis Coin’s technology powers approximately 35% of global Bitcoin ATM transactions. Barnard and Carrillo, who also founded Bitstop, built the first and largest private-label Bitcoin ATM platform based in Miami, FL, with over 2,500+ Bitcoin ATMs worldwide. Genesis Coin and Bitstop represent over 75+ operators operating 12,000+ Bitcoin…

Working with the US department of homeland security, the Australian Police Force has arrested three men with ties to an ongoing statewide case of money laundering and drug importation using cryptocurrencies. Detainees Found With Cash and Narcotics As shown by a video released following the arrest, authorities arrested one of the 3 men, aged 34, on the fly. Using unmarked vehicles officers came up to a black car which they then searched. The video depicts the officers recovering a parcel…

The global crypto ATM market value is at $ 18.35 million in 2019, and it has a projection to reach $ 542.52 million by 2027, a CAGR of 52.7% over the forecast period. A research expert on cryptocurrency ATMs revealed a new analysis of the 2019-2027 situation, based on in-depth analysis with industry experts' involvement and the best suppliers in the business. The Cryptocurrency ATM Market Report analyzes stakeholder opportunities across Cryptocurrency ATMs and identifies high-growth segments.  The Analysis Details…

Telsa CEO Elon Musk has denied reports that there is a Bitcoin ATM at his company’s Gigafactory in Nevada. Bitcoin ATM Spotted at the Telsa factory. Fold CEO Will Reeves had tweeted on Sunday that he spotted a Liberty X Bitcoin ATM in the 1.9 million-square-foot Gigafactory building. His tweet went viral, prompting speculation that Telsa could be interested in investing in Bitcoin. However, this information was debunked by Musk, who revealed in a cryptic tweet that the news was…

The Bitcoin ATM sector continues to experience record growth across the globe. Part of the reason for this growing demand is that these devices feature better technology, more functionality, and lower costs than their predecessors. Consequently, every day more people turn to these units as a reliable alternative to fiat-to-crypto exchanges.  Frictionless Entry Bitcoin ATMs provide frictionless entry into the cryptomarket. For most people, converting fiat to crypto is a hassle. You must register for a regulated exchange to accomplish…