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“# New patent-holder wants $18M a month from US Bitcoin ATM operators ” Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States. Two weeks ago the company acquired a patent for protocols…
“# Crypto ATMs continue to boom globally in 2020 ” In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, the machine saw $10,000 in BTC transacted on its first…
“#Two men charged after explosives found in van in Philadelphia” Two men in Philadelphia were charged on Thursday with possessing explosives that were found in a van in the heart of the city, prosecutors said. Brian Larue and Eric Murra are accused of transporting “quarter or half sticks of dynamite,” a handheld propane tank torch…
“# Bitcoin ATMs are booming in this Latin American country ” Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities with one ATM at least include Armenia, Barranquilla,…
“# LibertyX launches Bitcoin-to-cash sales at ATMs in United States ” LibertyX, a major retail network of Bitcoin (BTC) ATMs in the United States, is expanding Bitcoin sales options at thousands of its ATMs. According to an Oct. 26 announcement, LibertyX has enabled a Bitcoin cashout feature at 5,000 regular ATMs across the United States….
“# Bitcoin rips and cruise ships: Bad crypto news of the week ” It’s been a good week for the crypto markets. Bitcoin finally burst through the $11,000 ceiling, and kept going. According to some experts, the coin could be on its way to a full 2017-style bull run. Other analysts have identified five events…
“# CipherTrace gives officials tips on how to uncover criminals’ crypto caches ” Blockchain forensics firm CipherTrace has published comprehensive guidance to assist law enforcement officials in identifying signs of cryptocurrency use when carrying out criminal investigations. The report notes that the U.S. Department of Treasury has identified a “consistent decrease in reported bulk cash…
“# Bungled Bitcoin ATM theft in ‘meatspace’ won’t ruin Thanksgiving ” A delicatessen in the Canadian town of Kelowna, British Colombia has been severely damaged after two bumbling crooks attempted to steal a Bitcoin ATM installed in a store adjacent to it. At roughly 3am on October 7, the two suspects unsuccessfully attempted to steal…
“#Father-son duo busted for allegedly swiping outdoor ATM in NYC” A father-son duo were busted early Wednesday morning for allegedly stealing an outdoor ATM on the Lower East Side, police sources said. Police are now probing whether Brooklyn residents James Allen, 72, and his 45-year-old son, Ed Allen, are behind more than a half dozen…