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 the Bitcoin ATM located on the back wall of the neighbouring store. While attempting to flee empty-handed they backed their white GMC Sierra pick-up truck into L&D Meats and Deli and smashed its front wall. The chance they’ll be caught seems quite high, as local police noted that the thieves managed to leave their tailgate behind. …
Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22. Coinme, which began as the U.S.’s first licensed bitcoin ATM provider in 2014, will now serve around 2,200 locations in the country via its existing partnership with coin kiosk operator Coinstar. As Cointelegraph reported, Coinstar first started selling bitcoin for USD in January this year, so far restricting the feature to the U.S. market. “Bitcoin and other digital currencies offer unique benefits to consumers — including the potential for more cost-effective …
United States Bitcoin ATM (‘BTM’) operator Coinme has entered a partnership to sell Bitcoin (BTC) at coin counting kiosks owned by Coinstar, the company confirmed in a press release Jan. 17. Coinme, which was the first BTM operator to receive a license in the U.S. in 2014, will reportedly add thousands of locations via the move, which has already seen integrations go live. CEO and cofounder Neil Bergquist commented in the press release: “Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to participate in this dynamic …
Tokyo-based security software manufacturer Trend Micro has found Bitcoin (BTC) automated teller machine (ATM) malware available for purchase online, according to a blog post published August 7. In the blog post, Trend Micro cites an advertisement posted by an “apparently established and respected” user on a darknet forum. For the price of $25,000, criminals could purchase Bitcoin ATM malware accompanied by a ready-to-use card with EMV and near-field communication (NFC) capabilities. EMV chips were originally developed by leading credit card providers to store data on integrated circuits rather than magnetic stripes, while NFC enables two electronic devices to wirelessly exchange …
A new type of ransomware attack emerged in recent months, raising red flags among the cybersecurity community and authorities such as the FBI in the United States. Cybersecurity firm Group-IB has warned that it comes in the form of a Trojan, according to a report published on May 17. According to Group-IB’s study, the ransomware is known as ProLock and relies on the Qakbot banking trojan to launch the attack and asks the targets for six-figure USD ransoms paid out in BTC to decrypt the files. The roster of victims includes local governments, financial, healthcare and retail organizations. Among them, …