Bitcoin Depot has gone from being North America’s largest Bitcoin ATM operator to filing for bankruptcy and shutting down its entire network of ATMs, citing state regulations and unsustainable ...

The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.

Bitcoin Depot was the largest network of bitcoin kiosks in North America, but saw its revenue crater after increased scrutiny.

Bitcoin layer-2 network Botanix is being wound down a year after its mainnet went live. "It did not work," Botanix said. "At least not in this market and not in this timeline." This post-mortem may ...