A bitcoin ATM is not like a conventional ATM that allows customers to deposit or withdraw money in a bank account.(Unsplash) A Bitcoin ATM is a kiosk connected to the internet that enables a user to ...

Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.

Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas.

The Federal Bureau of Investigation revealed that scammers have defrauded Americans of more than $300 million in 2025 through ...

Kyle Torpey has been writing about Bitcoin since 2013. His work has been featured in Fortune, Bitcoin Magazine, Wired UK, and many other media outlets. He has also attracted more than 50,000 followers ...

Update (Sept. 9, 2:45 pm UTC): This article has been updated to clarify that the Bitcoin ATM network lost a net total of 600 ATMs, rather than that 600 machines in total were lost. The total number of ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. The value of bitcoin recently ...