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In November, the cybersecurity collective vx-underground wrote on X, formerly Twitter, that unknown hackers were claiming to have breached Coin Cloud, a bankrupt Bitcoin ATM company. According to ...
Coin Cloud declared bankruptcy in February, according to the Wall Street Journal. In July, Genesis Coin bought up over 5,700 cryptocurrency ATMs from Coin Cloud.
Coin Cloud, a Las Vegas-based company that operated more than 4,000 Bitcoin ATMs in the U.S. and Brazil, declared Chapter 11 bankruptcy.
The infamous Coin Cloud hack, best known as a Bitcoin ATM company, remains unknown to its new owners, and despite looking into the matter, they were not able to find the source or culprits behind ...
BZ: Coin Cloud went bankrupt; Genesis Coin picked up the pieces. Is the crypto ATM space ripe for consolidation? The crypto ATM space has been undergoing some consolidation. Genesis Coin stepping ...
Of the many crypto ATMs scattered throughout the U.S., Coin Cloud has played an important role, representing a 7.9% share of the nation’s market overall, Axios writes.
Coin Cloud, which operates more than 4,000 bitcoin ATMs across the U.S. and Brazil, has filed for bankruptcy protection with estimated liabilities of between $100 million and $500 million.
Coin Cloud was best known as one of the top Bitcoin ATM companies before, but as it changed management, the most recent news about it was a 'hack' that supposedly took place in November.
"A bitcoin ATM is the only way to get bitcoin in under 20 minutes," said Ben Weiss, president and COO of CoinFlip, which like Coin Cloud, pitches its machines to retailers and convenience stops as ...
Coin Cloud, which operates automated teller machines that sell crypto currencies, had been seeking additional capital from Genesis, a digital asset brokerage, but it’s unclear if discussions are ...