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2-Way Bitcoin ATMs: Can they Solve the Crypto Hacking Problem?

  By David Drake   Bitcoin ATMs are increasingly gaining popularity. Just last month, 55 new Bitcoin ATMs were installed in different cities, representing a 1.6% increase, from 3415 at the start of the month, to 3470 across 72 countries. However, the most captivating news about Bitcoin ATMs was the entry of two-way Bitcoin ATMs into the market. Malta, a forerunner and revolutionary in all things cryptocurrency became the first country to install these kind of ATMs. Australia is following closely. Already, two companies in the country, Stargroup and DigitalX, have come together in a partnership to develop two way ATMs that cryptocurrency enthusiasts can use to buy as well as sell Bitcoin. For cryptocurrency companies like BQT, Qupon and HFC Coin, two-way ATMs will open new avenues for the industry by enabling users to convert fiat currencies into digital currencies and vice versa. Speeding the Process Cryptocurrency players see ... Read More »

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