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Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

02/04/2022 by Idelto Editor

Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022's First Quarter

During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs worldwide.

Crypto ATM Installations Jump More Than 8% Since December 30


Today, according to the crypto ATM tracker coinatmradar.com, there’s approximately 36,659 crypto ATMs hosted in 76 different countries. Crypto ATM numbers have grown significantly over the years, and 2021 saw the largest annual increase so far, with more than 20,000 machines added during the year.

As the first quarter of 2022 has come to an end, data from coinatmradar.com indicates there are 36,659 crypto ATMs available. On December 30, 2021, Bitcoin.com News reported that there were 33,900 crypto ATMs, which means that over the last 93 days, 2,759 crypto ATMs have been installed across the globe.

That’s an 8.13% increase since December 30, and currently, there are 612 operators managing the 36,659 machines. Operators include Bitcoin Depot, Coin Cloud, Coinflip, and Bitcoin of America. Additionally, there are 43 crypto ATM producers with manufacturers like Genesiscoin, General Bytes, Bitaccess, Coinsource, Bitstop, and more.

The Manufacturer Genesis Coin, the Operator Bitcoin Depot, and the US Lead the Pack in Terms of Crypto ATM Activity


The top operator in terms of the most crypto ATMs is Bitcoin Depot with 7,001 installed worldwide. Coin Cloud is the second-largest operator with 5,198 crypto ATMs in operation. While Bitcoin Depot commands 19.1% of the 36,659 machines installed, Coin Cloud captures 14.2%.

Coinatmradar.com also shows a map of where all the crypto ATMs are located and what type of crypto asset the machines support. For instance, crypto ATMs support bitcoin, ethereum, bitcoin cash, litecoin, dash, monero, zcash, dogecoin, tether, and xrp.

The crypto ATM tracker site also shows that most of the machines are located in the United States, as the country hosts 32,623 crypto ATMs. The country with the second-largest number of crypto ATMs is Canada with 2,439 locations. The U.S. and Canada are followed by Spain (225), El Salvador (204), Poland (180), and Switzerland (147).

As far as crypto ATM installations by manufacturer, Genesis Coin commands 41.6% of the world’s share of crypto ATMs installed. General Bytes is the second leading manufacturer in terms of crypto ATM installations, with 21.4% of the global share. Genesis Coin and General Bytes are followed by Bitaccess (15.2%), Coinsource (5.3%), Bitstop (4.6%), Bytefederal (3.7%), and “other” manufacturers (8.2%).

What do you think about the number of crypto ATMs worldwide today and the increase during the first quarter? Let us know what you think about this subject in the comments section below.

Filed Under: ATM, ATMs, batm, BATMs, BCH, Bitcoin, Bitcoin ATM, Bitcoin ATMs, Bitcoin Cash, BTC, buy, Coin ATM radar, Coins, crypto, Crypto ATM, Crypto ATMs, Cryptocurrencies, cryptocurrency, Cryptocurrency ATM, cryptocurrency ATMs, data, Devices, English, ETH, ether, Exchange, growth, increase, Litecoin, LTC, machines, News, News Bitcoin, Number, numbers, sell, teller devices, teller machines, teller services

Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover

12/02/2022 by Idelto Editor

Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover

Law enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid ongoing investigations into hacking groups, with Russian authorities ramping up efforts to dismantle the cybercrime rings and detain their members.

Interior Ministry of Russia Hits Stolen Credit Cards Market

The Ministry of Internal Affairs of the Russian Federation (MVD) has brought down four prominent websites operating on the dark web, blockchain forensics firm Elliptic has revealed. The sites have been blocked by Directorate “K”, MVD’s unit combatting computer-related crime.

The seized platforms are the Sky-Fraud forum, Trump’s Dumps, UAS Store, and Ferum Shop, which became the leading market for stolen credit cards after the largest marketplace in the niche, Unicc, was taken offline in January, the report details.

According to Elliptic’s estimate, the sites have collectively made more than $263 million in crypto sales denominated in bitcoin (BTC), ether (ETH), and litecoin (LTC) before they were shut down. Ferum accounts for the bulk of that amount with $256 million in bitcoin generated, or 17% of the carding market.

Trump’s Dumps, another website distributing compromised card data, has allegedly made around $4.1 million since its launch in 2017. Both sites were advertised on the on Sky-Fraud forum, where carding techniques and money laundering tips were among the main topics. Directorate “K” has apparently left a message in its source code, reading: “Which one of you is next?”

[#Russia] SKY-FRAUD & FERUM, famous Russian #carding forums closed by Russian authorities.

Authorities left an easter egg on the code source saying “WHICH ONE OF YOU IS NEXT?”#cybercrime #takedown #infosec #banking pic.twitter.com/RbNTkWPHIc

— Soufiane Tahiri (@S0ufi4n3) February 7, 2022

The fourth blocked website, UAS Store, was a platform offering stolen remote desktop protocol credentials that cybercriminals use to gain access to victims’ accounts from other devices. These breaches have increased during the Covid-19 pandemic as more employees are now working from home. Since late 2017, UAS Store has made around $3 million in cryptocurrency.

Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover

Elliptic notes that the latest seizures have been executed after the previous top carding marketplace, Unicc, and its affiliate proxy market Luxsocks, became inaccessible in mid-January. The seizures also came after the subsequent arrest of Unicc’s suspected administrator by the Russian Federal Security Service (FSB). Researchers claim the crypto proceeds of the two platforms reached $372 million.

Meanwhile, the MVD has sought through a Moscow court the arrest of six unidentified hackers accused of “illegal circulation of means of payment.” Whether the group is linked to the closed-down dark web sites is not clear yet. Last month, FSB and MVD busted the notorious Revil ransomware group on a U.S. request, detaining 14 of its suspected members.

Do you think Russia will continue to crack down on dark web platforms and hacking groups? Tell us in the comments section below.

Filed Under: arrests, Bitcoin, carding, cards, credit cards, crypto, Cryptocurrencies, cryptocurrency, dark web, darknet, Elliptic, English, ether, fsb, Hackers, hacking groups, Law Enforcement, Litecoin, MVD, News, News Bitcoin, Revil, Russia, russian, seizures, sites, Theft, Websites

Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year

26/01/2022 by Idelto Editor

Study Shows Dogecoin, XRP Saw the Largest Network Fee Increases Last Year

There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since January 1, 2021, jumping 4,230% in a year. Ethereum’s transaction fees were the most expensive at the end of 2021, as the average transfer fee was $52.45 per transaction.

Dogecoin, XRP, Blackcoin Saw the Highest Transfer Fee Rises in 12 Months

Digital currencies saw significant growth last year in terms of value and onchain data. The average cryptocurrency transaction fees in 2021 changed a great deal as well. A study published by forexsuggest.com highlights 15 different crypto assets in order to compare average fees and the growth over 12 months. Some of the assets chosen were relatively unknown and older cryptos such as feathercoin (FTC) and blackcoin (BLK).

According to the researchers, dogecoin (DOGE) saw the largest fee increase in the year, spiking 4,230% from $0.01 per transfer to $0.433. Xrp (XRP) saw the second-largest increase in 12 months jumping 3,810% from $0.000166 to $0.00649 per transfer.

Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year

The third biggest increase over the last 12 months was blackcoin (BLK), with transfer fees increasing 1,886% from $0.00000442 to $0.0000878 per transaction. The most expensive transaction fees occurred on the Ethereum (ETH) network, and ETH was also the fourth largest gainer in terms of 12-month fee increases.

ETH transfer fees jumped 1,459% from $3.36 to $52.45 per transaction. The fifth-largest jump in fees stemmed from the Zcash (ZEC) network, as ZEC fees increased 806% in 12 months. ZEC fees on January 1, 2021, were around $0.00000406 and at the end of the year, ZEC transfer fees were $0.0000368.

Feathercoin, Monero, Bitcoin Fees Drop

Forexsuggest.com’s study shows three crypto assets that saw 12-month network fee decreases. Feathercoin (FTC) saw a 51% decrease in transfer fees, and monero (XMR) saw its transaction fees drop by 29%. Bitcoin (BTC) fees shed 26% during the course of the 12-month span.

Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year

FTC’s transfer fees on January 1, 2021, were $0.000194 and at the end of the 12-month cycle, FTC fees were $0.0000955. Bitcoin’s transfer fees were $5.55 per transaction at the start of the 12-month time span and at the end, data indicates BTC fees were $4.09 per transfer. The study’s researchers leveraged fee data sources from ycharts.com and bitinfocharts.com, and collected the metrics on the 1st day of every month last year.

Cryptocurrencies that offer transaction fees that are around a U.S. penny or less include dash (DASH) $0.0173, bitcoin cash (BCH) $0.00851, xrp (XRP) $0.00649, bitcoin gold (BTG) $0.00545, and ethereum classic (ETC) $0.0039.

Below ethereum’s $52.45 per transaction fee were bitcoin fees, followed by binance coin (BNB) at $0.562 per transfer as far as the most expensive transfer fees were concerned. Litecoin (LTC) fees recorded at the end of last year were around $0.0278 per transaction.

What do you think about the crypto transfer fee increases last year? Let us know what you think about this subject in the comments section below.

Filed Under: 12 month increases, Bitcoin, Bitcoin (BTC), Bitcoin Cash, blackcoin, blk, dash, dogecoin, English, ETH, Ethereum, expensive transfer fees, feathercoin, Forexsuggest.com, Forexsuggest.com study, ftc, least expensive transfer fees, Litecoin, Network Fees, News Bitcoin, Research, Researchers, study, technology, Transaction Fees, Transfer Fees, XRP

These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

21/01/2022 by Idelto Editor

These Are the Crypto Economy's 10 Most Expensive Assets per Unit in 2022

A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The following is a look at the top ten most expensive crypto assets in 2022, in terms of USD per unit.

The Top Ten Most Expensive Crypto Assets in 2022


At the time of writing, the top four most expensive digital currencies today are worth 5-digits in value against the U.S. dollar. For instance, the price of bitcoin (BTC) is around $38K per unit, and BTC, WBTC, and Huobi BTC (HBTC) are the top three most expensive crypto assets.

Of course, HBTC and WBTC are tokenized forms of bitcoin, which means — give or take a few percentages — they are all roughly the same price per token. Meanwhile, the fourth-most expensive crypto-asset, which is also 5-digits in USD value, is the token yearn finance (YFI).

Currently, YFI is changing hands for $28,425 per unit. The next two tokens are ethereum (ETH) and a tokenized ethereum coin called lido staked ether (STETH). Similar to the tokenized BTC projects, ETH and STETH are roughly the same price.

However, ETH is trading for $2.7K per unit which is only four digits in USD value. Another four-digit contender following ETH and STETH is maker (MKR), which is swapping hands for $1,800 per unit.

The aforementioned digital currencies represent the top seven most expensive crypto assets today. Below maker (MKR) is binance coin (BNB), trading for three digits in USD value at $417 per unit, bitcoin cash (BCH) at $337 per coin, and kusama (KSM) at $228 per unit.

While BNB, BCH, and KSM represent the last of the top ten most expensive, ten more coins below KSM are trading for three digits in USD value. These include aave, monero, elrond, compound, quant, litecoin, solana, dash, zcash, and bitcoinsv. Every coin below bitcoinsv (BSV) is trading for under $100 per coin.

What do you think about the top ten most expensive crypto assets and the triple-digit coins below the top ten? What do you think about looking at the crypto economy from this perspective? Let us know what you think about this subject in the comments section below.

Filed Under: Aave, BCH, Bitcoin, Bitcoin Cash, bitcoinsv, BTC, Compound, crypto, crypto assets, dash, Digital Currency, digital currency economy, Elrond, English, Ethereum, Expensive, Lido Staked Ether, Litecoin, Maker, Markets, Markets and Prices, MKR, Monero, most expensive, News Bitcoin, Price per unit, quant, Solana, STETH, Top Ten, top ten most expensive, Yearn Finance, Zcash

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

17/01/2022 by Idelto Editor

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing power behind these protocols hasn’t returned back to the highs captured long ago.

While Some Hashrates Skyrocket, Processing Power From Other Crypto Networks Remains Lackluster

At the time of writing, Bitcoin’s processing power is coasting along above the 200 exahash per second (EH/s) zone, after touching the ATH it captured on January 15. Six-month hashrate statistics indicate that on Sunday, January 16, 2022, BTC’s hashrate tapped a daily high of 216.50 EH/s.

The top three mining pools on Monday, January 17, include F2pool, Foundry USA, and Antpool, respectively. All three pools have more than 15% of the global hashrate or 29 EH/s of hashpower.

Six-month and all-time metrics also show that Monero’s network hashrate is coasting along at all-time high records as well, with about 3.49 gigahash per second (GH/s) at press time.

In close to four days’ time, Bitcoin’s network difficulty is expected to increase 6.24% which will bring the network difficulty to an all-time high. The estimated difficulty after the next epoch change will be around 25.89 trillion, according to data at the time of writing.

Ethereum’s network hashrate is also managing to hold the 1 PH/s range after first tapping this goal in December 2021. The top mining pool on the Ethereum network is ethermine.org with 295 terahash per second of hashrate, and the percentage of ETH hashrate on Nicehash is 3.66%.

While networks like Bitcoin, Ethereum, and Monero have seen all-time highs, networks like Litecoin have not seen new hashrate ATHs in recent times. LTC’s network hashrate on Sunday is 368.96 TH/s, but during the first week of July 2019, LTC’s hashrate tapped an ATH at 468.50 TH/s.

Today, Dash has a hashrate of around 5.24 PH/s, but in September 2020 it hit 7.14 PH/s. In total, that’s a 26.61% decrease in the network’s hashpower in 16 months.

The Ethereum Classic network has an overall hashrate of 20.37 TH/s on January 17, which is lower than the network’s ATH in June 2021 at over 23 TH/s.

What do you think about Bitcoin, Ethereum, and Monero’s recent hashrate highs? What do you think about the networks that have not returned to ATHs reached months ago? Let us know what you think about this subject in the comments section below.

Filed Under: Antpool, ASIC, ASIC miners, bitcoin-mining, blockchains, BTC Mining, dash, English, ETC, ETH, Ethereum, Ethereum Classic, F2Pool, Foundry USA, Hashpower, Hashrate Stats, Hashrates, Litecoin, LTC, Mining, Mining Networks, Mining Pools, Monero, network difficulty, networks, News Bitcoin, Nicehash, Pools, PoW, PoW Networks, proof-of-work, xmr, XMR Mining

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