Bitcoin has stayed above $10,000 for a record period of time; its price sustained above the 20MA and it has seen increased volume and institutional adoption. This was all amidst the FUD experienced by the markets in the past few months, with the drama around major crypto exchanges like KuCoin, Bitmex, and OKex, which surprisingly...Read More
The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily. The world as people knew it has perhaps changed forever since the coronavirus crisis. Coronavirus Spoils Bitcoin Depot’s Momentum Several facts of everyday life may never return to who...Read More
A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017.Court documents claim that Kalra also exchanged Bitcoin for cash with a range of criminals....Read More
Earlier this month, in a mall in Lynnwood, Washington, two men went in and stole a Bitcoin ATM. According to security footage, the alleged thieves went into the mall, but as it turns out not for a shopping spree. After the stores closed at 9 p.m., but the mall was still open, the men came...Read More
