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Bitcoin Automated Vending Machine (AVM) operator QwikBit has accepted delivery of its first batch of Bitcoin AVMs to be installed in the Isle of Man and the UK. The AVMs are manufactured by Lamassu, Inc. AVMs allow for easy, on-the-spot exchange of cash for Bitcoins. “By...

According to a release from QwikBit, the UK-based operator has signed a deal with bitcoin ATM (AVM) supplier Lamassu. The partnership will help make QwikBit one of the largest bitcoin AVM suppliers in the UK. QwikBit QwikBit plans on creating a massive bitcoin ATM network within...

Lamassu introduces its modular system which makes it possible for owners who already have the existing Lamassu Bitcoin ATMs to now add bitcoin-for-cash using its new Santo Tirso bill dispensing platform. Before this new addition, the producers of the ATMs were only creating...

Are bitcoin ATMs the future for our day to day transactions? To answer this question we need to look a little deeper into the impact regular fiat ATMs have had on money, the  banking system and on customer satisfaction since their inception. Once upon a time, a person would enter...

New Zealand has just joined the Bitcoin ATM brigade as the country has just gotten its first two machines. Owned by local firm Bitto NZ, the two Bitcoin ATMs were unveiled at an event in Auckland, according to NzHerald. New Zealand Bitcoin ATMs Debut Jonathan Ewing, Bitto...

It was reported earlier that New York City would get its first NYC bitcoin ATM machine in the near future. However, those plans aren’t looking as bright as they were before. The original New York Post story indicated that 30 year old Brooklyn Native Willard Ling, had...