Cash Cloud Files for Bankruptcy; Bitcoin ATMs Now in Deep Mess
Amid the crypto downturn, Bitcoin ATM supplier Cash Cloud is facing bankruptcy just weeks after Genesis Global filed for the same reason.
Source: techtimes.com
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Cash Cloud, the Bitcoin ATM Maker, Is Broke Amid Crypto Winter
Cash Cloud's bankruptcy is bad news if you liked buying bitcoin alongside your Big Gulp and Funyuns at the gas station.
Source: gizmodo.com
Hashtag Trending Feb 10th- Bard costs Google $100 billion in market value; GitHub and GoDaddy announce layoffs; Twitter chaos continues
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
Source: itbusiness.ca
Crypto ATM Operator Cash Cloud Files For Ch. 11 In Nevada
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.
Source: law360.com
Crypto ATM Provider Coin Cloud Files for Chapter 11 Bankruptcy
Coin Cloud’s bankruptcy filing comes as the once booming crypto ATM industry has found its growth significantly slowed.
Source: decrypt.co