ATMs bitcoin exchange News

General Bytes has implemented several measures in the wake of the hack, including offering to reimburse its cloud-hosted customers and adding new security measures.

Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets.

Australia now has 234 crypto ATMs, which puts the country in the third spot globally, overtaking Spain.

The transaction included 56 machines from Tao Bitcoin, a regional operator in the south of the United States.

The hack meant that all crypto going into the Bitcoin ATM was instead siphoned off by the hackers.

Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years.

Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption.

The evident reduction in the installation of crypto ATMs could result from the regulators' hesitance to adopt the Bitcoin ecosystem.

A crypto wallet and an accessible Bitcoin ATM are prerequisites for using Bitcoin teller machines.

Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores.

Bitcoin-only exchanges explain that selling altcoins is an attractive business model that sidesteps far greater long-term benefits for society, such as greater freedoms and financial prosperity.

Walmart plans to eventually install 8,000 Bitcoin ATMs in the U.S. and has installed 200 in a pilot program.