Thieves Suspected in the Disappearance of Two Amsterdam-Based Bitcoin ATMs
Between the hackings and malicious cyberattacks that have been occurring globally over the past week, it almost feels as if no bitcoin, anywhere, is safe... Now, things have escalated even further, as two bitcoin ATMs in Amsterdam have turned up missing, and thievery is highly suspected. Over the weekend, a lack of activity was noticed from both ATMs through Coin ATM Radar, which took to Twitter to explain the news: "Two bitcoin ATMs have been stolen from @MRBitc0in in #Amsterdam @generalbytes @BitAccess So against Bitcoin spirit". So against bitcoin spirit indeed... This almost feels like....
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Two bitcoin ATMs in the Dutch city of Amsterdam have been stolen, according to reports. The news first broke over the weekend, as Coin ATM Radar picked up on the lack of activity from both machines and published the news on Twitter. Two bitcoin ATMs have been stolen from @MrBitc0in in #Amsterdam @generalbytes @BitAccess So against Bitcoin spirit pic.twitter.com/gtHyX0Mnck. - Coin ATM Radar (@CoinATMRadar) February 14, 2015. Sign of bitcoin's 'maturity'. Martijn Wismeijer from the Dutch bitcoin ATM collective MrBitco.in, who owned a General Bytes BATMTwo machine, told CoinDesk that he was....
Regular, cash dispensing ATMs have been a prime target for robberies since the technology was first born. But ATMs that dispense crypto-currency have had a more peaceful existence with no reported thefts. That is, until now. Late last month, two Bitcoin ATMs were stolen from two different businesses in Amsterdam. Martijn Wismeijer, founder of the first “bitcoin atm collective,” Mr.Bitcoin, installed one of the machines that was stolen.“About two weeks ago, at Warries Thai food the door was forced and [thieves] removed the BitAccess ATM. This ATM was not owned by Mr.Bitcoin but we know the....
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado Cash Dev Into Custody, Officials Hint About the Possibility of Future Arrests Four days ago, the U.S. Treasury Department’s watchdog, the Office of....
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Mt Gox, the largest bitcoin exchange at one time before its downfall attributed to alleged hacking attack is in the news again. This time, it is due to the arrest of the now defunct exchange's former head. The Japan based Mt Gox allegedly lost over 850,000 bitcoins amounting to over $450 million at that time when their systems were compromised by hackers in 2014. The main reason for disappearance of such a huge amount of bitcoin still remains unknown. The investigations hasen't yielded any clear results so far and it is speculated that the disappearance of bitcoins from Mt Gox was due to....