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The bitcoin ATM has emerged as one of cryptocurrency's biggest threats
Bitcoin ATMs are a rapidly growing presence in the United States and, some experts say, a rapidly growing cybercrime menace. ATMs dealing in bitcoin are similar to their cash cousins: there are PINs to punch and withdrawal fees, just like any other ATM. Unlike cash ATMs, though, the high value of crypto makes them prime targets for hackers. So, while a cash ATM tucked away between the snack cakes and energy drinks at a gas station may not draw much attention, a bitcoin ATM gets more scrutiny from bad actors. “It’s clear that these machines are particularly vulnerable to both physical and cyber threats, making ... (full story)
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- Posted: Sep 8, 2024 5:45pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 148
