Bitcoin ATM Stolen During Raid In Barcelona – NewsBTC

Bitcoin ATMs are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card.

The thieves stole the machine in a raid on a cryptocurrency exchange outlet in a wealthy Barcelona neighborhood.

According to the news agency, police sources said thieves took the ATM from a shop on Beethoven street in the Sarria area.

Zaryn Dentzel, the victim, is the co-founder of Tuenti, a Spanish social network-turned communications firm owned by Telefónica telecommunications company.

He was then forced to give up the password to an online account containing his cryptocurrencies which held tens of millions of euros in Bitcoin.

A couple of the most popular attacks this year are the $600 million Poly Network attack and the Colonial Pipeline ransomware attack.

Also, roughly $5.2 billion in outgoing BTC payments were tied to the top 10 ransomware variants over the past three years.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

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