New Jersey’s independent watchdog on organized crime, public corruption and financial waste says cryptocurrency ATMs pose a risk to the public because of a lack of regulatory oversight. According to a report released on Wednesday by the New Jersey...
The New York Stock Exchange (NYSE) halted trading of Virginia-based Blue Ridge Bank’s stock (BRSB) after a spike in trading activity Wednesday, the company told CoinDesk in an email. “NYSE told us the company’s stock reacted to the news...
Blue Ridge Bank is letting customers buy bitcoin where they retrieve cash. Customers at the Charlottesville, Va.-based bank will soon be able to buy and redeem bitcoin at 19 of its ATMs, with an 8% fee on transactions. To...
Supermarket kiosk company Coinstar has added Coinme bitcoin ATM functionality to 5,000 change-sorting machines across the U.S. The service is now available in nearly 25% of Coinstar’s total kiosk fleet and in 40 U.S. states, according to figures provided...
The number of bitcoin automated teller machines (ATMs) across the globe has surged this year amid the coronavirus-induced shift toward contactless payments. Bitcoin ATM installations have increased by 85% to 11,798, outpacing the previous year’s near 50% rise by...
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is looking to double its cash-for-bitcoin capable supermarket machines. The doubling would happen “within a year,” Vice President of Product Michael Jack told CoinDesk. He said Coinme bitcoin...
Tucked into corners of grocery stores, gas stations and transit hubs, crypto ATMs are part of the “critical infrastructure industry” still allowed to operate amid the coronavirus contagion event. And some are thriving. With blockchain-based payments apps and entertainment...
Cryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and CEO Daniel Polotsky. The listing increases XLM’s availability in bricks-and-mortar stores, Polotsky said. CoinFlip operates about 450 ATMs...
Coinsource, a well-known bitcoin ATM company, purchased a booth at this year’s Consumer Electronics Show (CES) in Las Vegas. Given increased interest from the IRS in bitcoin ATMs, we were especially curious about how users reacted when Coinsource increased...
Bitstop installed five bitcoin ATMs in Simon Property Group locations over the past month – in Carlsbad Premium Outlets in Carlsbad, California, Mall of Georgia in Buford, Georgia, Miami International Mall in Miami, Sawgrass Mills in Sunrise, and The...