CAVIRTEX Brings Bitcoin ATMs to Canada's Malls and Tourist Spots
CAVIRTEX has launched its first six bitcoin-branded ATMs in the greater Toronto area. The machines mark the first phase of the exchange's larger plan to bring 10 bitcoin ATMs to Canada through a partnership with Gateway Newstands, a retail chain with 500 locations in North America. Speaking to CoinDesk, CAVIRTEX's marketing and business development director Kyle Kemper said the launch was a major milestone for the Calgary-based company and bitcoin itself. Although details about the ATMs were first revealed back in May, Kemper said that the company has taken time to execute its vision and....
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Canadian bitcoin exchange CAVIRTEX is looking to get into the bitcoin ATM space. We already had an indication of this happening, when the exchange teased a picture of a line of BitAccess ATMs in a warehouse at the end of July. At the time, we didn't have a whole lot of information, but we're learning that at least six of the machines have launched today, and another four will be launching shortly. It effectively makes Canada the country with the most bitcoin ATMs in the world, beginning with the first two-way ATM installed by Las Vegas-based Robocoin last year in a downtown Vancouver....
A new fleet of BitXATM machines is set to launch across Canada in the coming months. Quadriga CX, Canada's largest Bitcoin exchange, has big plans to install their new SumoPro two-way bitcoin ATMs in prime locations across the country. These units will be delivered in batches of five and placed in several major cities including Vancouver, Toronto and Montreal. In 2014, CAVIRTEX attempted a similar rollout of BitAccess bitcoin ATMs, installing them in Gateway Newstands across Canada. The experiment was far from successful, and the company shut down the endeavor a few months later. They....
Canadian digital currency exchange CaVirtex is reportedly planning to launch a network of bitcoin ATMs across Canada. The news comes along with plans to re-introduce a balance deposit feature, a new trading API, and a new merchant user interface. Details with regard to the program are very much under wraps at this juncture, with the company's business development manager Reed Holmes telling CoinDesk that the exchange is looking into the idea and formulating how such a network would be formed: There are a lot of different moving parts there - who's going to be operation, where are they....
When Canadian exchange Cavirtex closed its doors in February, there was a lot of speculation about the reasons it shut down, but few expected the exchange to come back to life. Cavirtex shut down amid security concerns after a major breach. Now, New York-based digital currencies exchange Coinsetter is expanding into the Canadian market by buying previously closed exchange Cavirtex for close to $2 million, according to Fortune Magazine. Coinsetter, which specializes in institutional trading for investment firms, is confident it can win back all of Cavirtex's old customers in Canada and grow....
On Tuesday, February 17, the Canadian Bitcoin community was surprised to learn that its biggest and longest-serving exchange, CAVIRTEX, was to wind down operations by March 25. Enter QuadrigaCX, heir apparent to the title of Canada's largest Bitcoin exchange. An older version of the CAVIRTEX database, including 2FA secrets and hashed passwords, may have been compromised. Their website states, "We believe that damage to the company's reputation, caused by the potential compromise, will significantly harm our ability to continue to operate successfully." Kyle Kemper, VP of CAVIRTEX, also....