A new scam related to Bitcoin ATM has come into our notice. Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address. Scammers post an Out of Order message on ATM. The message says that ATM software is under development. It further warns the user not to deposit...Read More
Berlin-based Bitwala enables customers in European countries to buy, sell, and store bitcoin via the Bitwala banking app. With Bitwala, bitcoins are booked directly via a multisignature wallet. The app claims that the account opening will take only 60 minutes. In addition to this, there is a Mastercard Debit card. Cash withdrawals from 40 million...Read More
Unlike Bitcoin currency hacking, Bitcoin ATM robbery used to be uncommon. A certain incidence has come to our notice. Two masked thieves stole a Bitcoin ATM from a mall in Washington on Aug 3. The surveillance camera has caught them while carrying out the ATM machine in a van. Violent raids targeting Bitcoin businesses and...Read More
