Page 4 - Coin Cloud News Today

Amid the crypto downturn, Bitcoin ATM supplier Cash Cloud is facing bankruptcy just weeks after Genesis Global filed for the same reason.

Cash Cloud's bankruptcy is bad news if you liked buying bitcoin alongside your Big Gulp and Funyuns at the gas station.

Bard’s mistake costs Google shareholders $100 billion, Github and GoDaddy lay off thousands and the chaos at Twitter continues. Welcome to Hashtag Trending for Friday, February 10th, 2023. I’m your host Jim Love. Google had an undeniably tough week. The tech giant’s AI offerings were overshadowed by a mistake we covered yesterday. Google desperately

The operator of Coin Cloud cryptocurrency ATMs filed for bankruptcy in Las Vegas on Wednesday, blaming more than $153.9 million in debt on troubles from faulty machines, a soured software agreement, a costly hack and alleged fraud by the company's chief marketing officer.

Coin Cloud’s bankruptcy filing comes as the once booming crypto ATM industry has found its growth significantly slowed.

Some analysts are debating whether the crypto winter is over. But for Coin Cloud, the consequences were just too much to handle.

Coin Cloud, a company that has over 5000 ATMs in the US and Brazil, has filed for chapter 11 bankruptcy protection in the district of Nevada.

Coin Cloud, which operates more than 4,000 bitcoin ATMs across the U.S. and Brazil, has filed for bankruptcy protection with estimated liabilities...

The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.

Crypto ATMs in the US peaked at just over 34,000 in August and has since dipped slightly