Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between $50 million and $100 million, liabilities between $100 million and $500 million, and creditors numbering between 5,000 and 10,000, according...
El Salvador’s finance minister, Alejandro Zelaya, said on Aug. 11 that “the Salvadoran population continues to use Bitcoin and the Chivo Wallet,” in the words of a local news outlet. Which led ElSalvador.com to suggest that his statement “could be far from reality” as a...
German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. BaFin, Germany’s financial regulatory authority, has begun shuttering crypto ATMs run by KKT UG, CoinDesk reported. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany...
Bitcoin ATMs are seeing consistent traffic during the pandemic, according to operators. The machines, often found in supermarkets, gas stations and other such hubs, are sometimes considered essential and can be found still operating even as many factions of society are locked down. Blockchain-based and...
January 25, 2019
There are few familiar places in the regular life of a consumer other than the grocery store, and that familiarity can breed a type of trust, a sense that nothing too weird or threatening will happen there. That doesn’t mean they can’t be about innovation. Supermarkets are home to some of retail’s major and ongoing […]
April 10, 2017
As always, those keeping up with the mainstream news cycle are likely feeling the normal Monday morning nervousness today — though perhaps given the rather militaristic flavor of the last few...
October 19, 2023
The number of bitcoin ATMs worldwide have hit a two-year low. Over the past year, the number of bitcoin ATMs available has declined by 7,000, or 17%, leaving a total of 32,500 machines as of this month, according to a Thursday (Oct. 19) report from Coindesk. This decrease follows a previous increase from 34,500 ATMs at the […]
February 08, 2023
Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between $50 million and $100 million,...
August 06, 2020
German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. BaFin, Germany’s financial regulatory authority, has begun shuttering crypto ATMs run by KKT UG, CoinDesk reported....
April 19, 2020
Bitcoin ATMs are seeing consistent traffic during the pandemic, according to operators. The machines, often found in supermarkets, gas stations and other such hubs, are sometimes considered essential and can...
