The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily.
The world as people knew it has perhaps changed forever since the coronavirus crisis.
Several facts of everyday life may never return to who they were, depending on how long this pandemic will continue to wreak havoc.
Until the situation is properly under control, restrictions will remain in place.
Contrary to what most people expected, this will also impact Bitcoin ATM operators.
One of those companies, known as Bitcoin Depot, is shutting down its machines to prevent spreading the coronavirus further.
Machines in high-pop areas are no longer accessible to ensure social distancing guidelines are taken into account.
It is likely that other machines throughout the US will face a similar fate.
Any machine noting strong user activity is now a potential risk.
As such, it is likely that up to 10% of all Bitcoin Depot ATMs will be put out of commission until the end of April,or perhaps even longer.
Given how the company is active in 25 states and owns 600 devices, it is crucial to keep monitoring the situation.
It will be interesting to see if other Bitcoin ATM operators take similar precautions in the US.
Velocity Ticket is trying to fix a major gap in businesses, and the approach it…
Axelar is moving fast to contain damage after identifying a security incident that has resulted…
suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…
Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…
Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…
A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…