Despite the market downturn in digital asset values, cryptocurrency automated teller machines (ATMs) are still in vogue. According to a tweet from cryptocurrency analytics firm DataLight, the number of crypto ATMs doubled in 2018 from 2,025 ATMs in 2017 to 4,051 ATMs, signaling an increase in the adoption of cryptocurrencies in general, despite the slump in price.November will go down as a month investors won’t forget in a hurry, as bitcoin, along with the rest of the cryptocurrency market, experienced a massive slump in prices. Bitcoin, the dominant cryptocurrency, fell to $3,750 in November, as the market witnessed massive selloffs that would have bitcoin touch nearly $3,000 in December.Data from Coin ATM Radar shows that while 68 bitcoin ATMs were closed in November, 209 new machines were also installed by operators all across the world. Bitcoin of America led the way, introducing 16 new ATMs, followed closely by CoinFlip Bitcoin ATMs and Localcoin, who installed 10 and 7 new ATMs, respectively.While the U.S. remains the dominant country with 70 new installations, Peru, Albania and South Korea had their first bitcoin ATMs installed in November, the data from Coin ATM Radar revealed. Bitcoin ATMs have also been a target of criminals. Security researchers at Trend Micro discovered malware that targets a service vulnerability in bitcoin ATMs, selling for $25,000, in an underground forum. A senior resear...
