Crypto ATM provider Coin Cloud has filed for chapter 11 bankruptcy. Coin Cloud was one of the first major movers in the crypto ATM space, having been launched in 2014 by current CEO Chris McAlary. It ...
Genesis Coin, a bitcoin ATM software provider, has acquired 5,700 cryptocurrency ATMs from CoinCloud, which filed for Chapter 11 bankruptcy protection in February 2023. Prior to this acquisition, ...
For nearly a decade, the number of crypto ATMs had steadily increased without fail, but something flipped in late 2022. The number of installed Bitcoin ATMs worldwide is roughly 11.1% less than at the ...
The ATM industry is no stranger to high profile acquisitions and the bitcoin side of the industry has joined the trend. On Jan. 24, Bitstop, a bitcoin ATM provider, acquired Genesis Coin, which powers ...
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