CNBC: Bitcoin ATMs Have Become One of the Biggest Threats to Cryptocurrencies

The number of bitcoin ATMs is growing rapidly in the U.S., according to CNBC, and some experts believe it also poses a growing cybercrime threat. Bitcoin ATMs are similar to traditional cash ATMs: you need to enter a PIN code and pay a withdrawal fee, just like any other ATM.

However, unlike cash ATMs, the high value of cryptocurrencies makes them a prime target for hackers. So while a cash ATM hidden among gas station snacks and energy drinks might not attract much attention, bitcoin ATMs are subject to more scrutiny from miscreants.