Bitcoin News Mash-Up: Bitcoin ATMs Stolen; Another Fed Auction; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

After Bitcoin, Its Bitcoin ATMs on Robbers’ Watch

In a serious yet amusing episode, two Bitcoin ATMs in Amsterdam went missing. Authorities are suspecting it to be a robbery. According to Coin ATM Radar, a global service that monitors ATM, admitted to have noticing an absence of activities on the aforesaid ATMs. But indeed, nobody will be going to get Bitcoins out of that machine, as happens in case of cash ATMs. Burglars supposedly didn’t know about it and went with all this trouble to dismantle and carry two heavyweight ATMs. The full report is available here.

Feds Plan Yet Another Bitcoin Auction

The United States Marshal Services (USMS) is planning to conduct yet another Bitcoin auction next month. According to the available reports, the organization will be fielding around 50,000 BTC units for selling on March 5th this year. The aforesaid amount belongs to none other than Ross Ulbricht, who was recently convicted of operating online drug marketplace Silk Road. The full report is available here.

Bitcoin’s Role in Africa Intensifies

Television and print news service CNN recently did a report on Bitcoin and its future role in African remittence market. The report clearly displayed out the facts that how Africa, despite being the world’s poorest continent, pays the highest remittance fee ($1.8 billion annually). And how the introduction of Bitcoin could help with some cutbacks. The full report is available here.