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...
A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware,...
Coinsquare, a Canadian cryptocurrency trading platform, announced it has bought an eight figure controlling stake in fintech software producer, Just Cash. The acquisition will enable the firm to introduce crypto transactions on traditional, non-bank ATMs in the United States....
Supermarket kiosk chain Coinstar is expanding the footprint of its bitcoin-buying service to more than 2,000 locations in 19 different states. The service, through a partnership with blockchain startup Coinme that offers individuals the ability to convert cash into...