Australia Overtakes Asia in Total Crypto ATM Installations
According to recent data from Coin ATM Radar, Australia has surpassed the Asian continent in terms of total crypto ATM installations, solidifying its position as the third largest ATM network globally. This achievement comes after Australia's active efforts to install new crypto ATMs since the be ...
Global Crypto ATM Numbers Decline in 2023 Despite Rising Crypto Adoption
Although cryptocurrencies are experiencing a surge in popularity, the number of crypto ATMs worldwide has been on a steady decline in 2023. Data from Coin Atm Radar confirms that over 3,600 crypto ATMs were disabled in March alone, and in the first quarter of 2023, a staggering 5,500 machines sto ...
Coindawg LLC Found Guilty of Fraudulently Obtaining $1 Million in Loans to Purchase 18 Crypto ATMs
Law enforcement authorities in the United States have taken possession of 18 cryptocurrency ATMs from Coindawg LLC, a company that allegedly acquired them with funds obtained fraudulently from the state. Coindawg founder Charles Riley Constant has been accused of applying for loans from the U.S. ...