DarkWallet is inching another step closer to its first beta version, as it has released its eighth and – probably - final alpha version this past week. Most notably, this newest edition of the anonymizing Bitcoin wallet software includes the option to withdraw cash from thousands of ATM's throughout Spain. In order to realize the new cash-for-bitcoin service, the DarkWallet team has established an informal partnership with the Spanish e-money converter Chip Chap, enabling users to withdraw cash money at the thousands of ATM's in Spain using the HalCash ATM service on the Telepay network. This option might be extended …
Note: The following piece was submitted as part of Cointelegraph’s Tell us your bank horror story article contest presented to you by Shapeshift.io—the fastest way to swap cryptocurrencies. Only the best articles will be published in no particular order in the run up to December 15. On this date, Cointelegraph will conduct a public poll to determine which story resonates most with our audience. Good luck and happy reading! *** In early December 2013 Target suffered a cyber attack and as a result 40 million credit card accounts were compromised, including mine. I’m not a frequent Target shopper but a …
Cointelegraph has partnered with Coin ATM Radar, which regularly updates a helpful and navigable Bitcoin ATM map, to get the most comprehensive data about new BTMs as they go online. According to Coin ATM Radar’s data as of November 3, there are 290 live BTMs around the world. Below are a few that were installed and began operations last week, which include new machines in the Middle East and Southeast Asia, plus four new Bitcoin ATMs in the United States. Asia / Middle East Saudi Arabia’s first BTM is a one-way Lamassu at Ticket Computers in Jubail. The operator charges …
Not only are Bitcoin ATMs going live at an ever-increasing rate, but state backlash is picking up, too: The Portuguese government issued the EU-standard warnings about cryptocurrencies right as country’s first Bitcoin ATM, which we reported on last week, went live. It’s good to know so many people are monitoring developments in this space. As for this week, we have reports of new Bitcoin ATMs opening in British Columbia, Canada; the US states of Washington and Nevada; Finland, and the Netherlands. Two Bitcoin ATMs for British Columbia Straight.com reported last Thursday that Cavirtex had installed a BitAccess machine at the …
Fran Strajnar is a serial-entrepreneur. After having done the corporate circuit with some of New Zealand’s leading tech vendors as a BDM or Project Manager, he decided to work for himself and began experimenting with his own business ideas which included a bio-chemical startup as well as some dabbling in the electronic cigarettes market. One of his latest ventures in the pipeline is BTM Ltd. – a company that focuses on brining Bitcoin ATMs to New Zealand. He is also the founder of bravenewcoin.com, a popular Bloomberg-type resource for cryptocurrencies. Additionally, Fran is the organizer of Bitcoin South, the first …
During the first week new Bitcoin ATM in Vancouver got its impressive fast start and operated transactions that are worth over $100,000 (Canadian). Jordan Kelley, the CEO in Robocoin company belives that company and its new ATM generally increase bitcoin accessibility for customers. According to the data, most of the people who used ATM during the week were new bitcoin users, about 80% of people bought digital currency, the other 20% - were customers who wanted to sell their bitcoins for cash. The first bitcoin ARM is owned by Bitcoiniac startup. For now it bought four more bitcoin machines to …
Robocoin CEO Jordan Kelley shared with his attitude to new ATM launching: “It’s been a crazy day. I can’t even tell you how incredible it is. There’s a line in front of the machine right now.” During the first day kiosk saw 81 bitcoin transactions, which is about $10000. Over one third of customers were newcomers. ATM is one of the fastest money transfers today. In an interview Kelley said “Our customers can walk up to a machine and buy and sell bitcoins for cash. You can literally walk up to the machine, scan your hand, and get started with …
“It’s an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October,” said Zach Harvey, CEO of Lamassu in an interview to CoinDesk. During the first week company had already got another 13 clients waiting for new ATM all over the world, including Slovakia, China, France, Canada, Australia, New Zealand, Finland, Denmark, Sweden and Brazil. Harvey mentioned the names of two next places where produced machines are going – the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas. In the second run company is going to …
A Vancouver-based company has bought five Bitcoin ATMs and plans to have them up and running around Canada by December. Bitcoiniacs, which operates a physical Bitcoin exchange in Vancouver, purchased the RoboCoin machines for $18,500 each and has the first already running in Vancouver, at Waves coffee shop on Howe Street. Four more are scheduled for Montreal, Ottawa, Toronto and Calgary. Bitcoiniacs founder Michell Demeter is a serial entrepreneur who has run sign shops and a moving company. He first began toying with Bitcoin exchanges on LocalBitcoins.com. Dememter is eyeing a commission of about 3% from the machines after his …