Tag: bitcoin ATM

  • Bitcoin

    UK Thieves Target Bitcoin ATM in Smash and Grab

    According to reports in UK news publication Northampton Chronicle, a Bitcoin ATM located in a grocery store has been targeted in the Northampton area by thieves in a brazen robbery. A group of three individuals are wanted in relation to the offence. During the incident, one of the...

    Rick D. | March 15, 2019 | 9:00 pm
  • Bitcoin

    Calgary Police Seek Information About Suspects in $145k Bitcoin ATM Scam

    An unnamed Bitcoin ATM provider serving the Canadian market was scammed last year across a number of the nation’s cities. Police are now seeking information regarding four suspects believed to be involved in the fraud. The four men are believed to have taken around US$145,000 from the machines...

    Rick D. | March 12, 2019 | 11:00 pm
  • Bitcoin
    Bitcoin

    Unocoin Founder Recounts His Arrest Following Indian Crackdown on Bitcoin ATMs

    Just one week ago, Indian officials arrested the co-founder of an Indian cryptocurrency exchange, Unocoin, for operating a Bitcoin ATM kiosk which the police called “illegal”. One of Unocoin’s co-founders has now given a recount of his arrest in a recent interview. The Unocoin co-founder’s arrests were largely...

    Cole Petersen | October 30, 2018 | 8:00 pm
  • Crypto
    Bitcoin

    Scammers Use Cryptocurrency ATMs to Target Potentially Vulnerable Victims

    Australian police have been informed of a scam in which the perpetrators are requesting people deposit funds for them at cryptocurrency ATMs. It is thought that those behind the scam are targeting newly-arrived migrants who are unsure if such requests are genuine since they are navigating an entirely...

    Rick D. | October 5, 2018 | 9:00 pm
  • bitcoin ATM
    Industry

    Analysis: Crypto ATM Industry Will Grow Tenfold in Next Five Years

    Many experienced cryptocurrency investors and traders classify crypto ATMs as a gimmick, as these machines charge exorbitant fees in comparison to digital fiat-to-crypto exchanges, like Coinbase, Bittrex or Bitstamp. But as decentralized technologies develop and more individuals seek to enter the cryptosphere, analysts predict that the value of the...

    Nick Chong | September 5, 2018 | 10:30 am
  • bitcoin ATM
    Bitcoin

    Bitcoin ATMs Becoming the Norm in US Inner Cities

    Of the numerous humanitarian applications of blockchain that are being tested, and in some cases already used around the world, implementing cryptocurrency in places where populations are under-served by financial institutes is considered a winner. Poor countries or island nations with rural people living far from city centers, who...

    newsbtc | July 2, 2018 | 9:30 am
  • Vancouver
    Industry

    Vancouver Police Push Government to Enforce KYC/AML Laws with Cryptocurrencies

    The Vancouver Police Department (VPD) has warned Canada’s federal government that cryptocurrencies are increasingly being used by organized crime to launder money. The agency advises that checks and balances are necessary to monitor the digital coins, and pushes for the enforcement of amendments to legislation that would require...

    newsbtc | April 25, 2018 | 9:01 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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