Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets.
Bitcoin Depot News
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Former MoneyGram veteran Alex Holmes is now leading Bitcoin Depot, as crypto ATM operators face mounting legal scrutiny in multiple US states.
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Connecticut halts Bitcoin Depot’s operations, with the company expecting lower revenue in 2026 amid mounting regulatory pressure and a steep decline in its stock price.
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Bitcoin Depot has disclosed that 27,000 of its customers data was breached, but said there was “no evidence of customer information being misused.”
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Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans.
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One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023.
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Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption.
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Much of the crypto market is bullish on Bitcoin, with Guggenheim Partners pricing the asset at $400,000.
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