Number of Explosive Attacks Against European Bank ATMs Rises By 80%
Despite the mounting number of blown up bank ATMs in Europe, the “profits” only rose by 3%. Bank ATMs have always been a valuable target for criminals. In most cases, they would use malware to steal card information and defraud users. However, it looks like a more dangerous trend is taking place over in Europe right now. The number of cash machines being blown up with explosives has increased by 80% in the first half of 2016. A very worrisome trend, to say the least. One of the more obvious questions is why criminals would decide to blow up cash machines in the first place. With nearly 500....
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Attacks like these can also be used against Bitcoin ATMs, albeit they are a far less popular target for assailants. Automated teller machines are far from secure devices, as they are often targeted by hackers and other criminals But in some countries, things get taken to the very next level. Several gang members in Scotland have been blowing up bank ATMs in Aberdeenshire. As a result, over 130,000 GBP was stolen. Luckily, all of these gang members have been arrested and face long prison sentences. Three individuals are responsible for these attacks against bank ATMs spread out all over....
So far, nearly eight dozen Bitcoin ATMs have had their screens bashed in with hammers and other blunt objects. It appears Bitcoin ATMs are being targeted by a group of hammer-wielding criminals. To be more precise, both the Detroit and Chicago areas have seen an increasing number of physical attacks against teller machines. It is unclear what the reason for this behavior is, although rumors suggest this may have to do with competing companies trying to remove the competition by sheer force. Although Bitcoin ATMs are more secure than bank counterparts, taking a hammer to it will still....
With crypto adoption advancing rapidly over the last year, the installation of new crypto ATMs worldwide has also followed this accelerated rate. The number of countries where crypto ATMs are available remains on the rise too. Over the course of 2021, a large number of ATMs were installed as more countries accepted them. This time around, the number of crypto ATMs in the world has hit a new high, indicating that adoption remains high. 39,000 Crypto ATMs Worldwide The rapid growth of crypto worldwide is embodied in the number of ATMs around the globe. This month, the space celebrated a new....
The number of cryptocurrency ATMs has surpassed 24,000 globally. Out of 75 countries with crypto ATMs, the U.S. tops the list with the most locations. 24K+ Cryptocurrency ATMs Worldwide The number of cryptocurrency ATMs has exceeded 24,000 globally, according to the crypto ATM tracking website Coinatmradar. At the time of writing, the total number of crypto ATMs worldwide stands at 24,022 locations. The machines are located in 75 countries. The U.S. tops the list with 21,161 locations, followed by Canada with 1,698 locations and the U.K. with 174 locations. There are 42 cryptocurrency ATM....
New machines are now coming online at a rate of nearly 1 per hour 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 day.Now that we are a month away from the end of 2020, the estimated number of crypto ATMs around the world that allow customers to buy and sell Bitcoin (BTC) and other altcoins for cash is about 11,665 ATMs, according to CoinATMRadar.This reflects a remarkable rise in the....