Analysis Company: “If This Happens, Bitcoin Will Rise Again”

The post Cleaning Up Crypto ATMs Isn’t Anti-Crypto appeared on BitcoinEthereumNews.com. When Iowa Attorney General Brenna Bird filed lawsuits against CoinFlip and Bitcoin Depot earlier this year, a few astroturfed voices cried that this consumer protection push was “anti-crypto.” They’re wrong. Crypto ATMs – physical kiosks that let users buy crypto – have become a vehicle for fraud, and they need reform. Law enforcement, regulators, and consumer advocates have all raised concerns about these machines for years. DC AG Brian Schwalb sued Athena Bitcoin in September. Pennsylvania AG Dave Sunday has warned that BATMs are a “magnet for scammers.” Arizona AG Kris Mayes even posted “STOP” signs at some crypto ATM locations.  Congressional scrutiny is also increasing. Senator Cynthia Lummis (R-WY), a longtime Bitcoin advocate, has called for stronger safeguards. Earlier this year, Senate Judiciary Ranking Member Dick Durbin highlighted abuses, and a few weeks ago, Senator Elizabeth Warren called out crypto ATM operators, signaling that regulatory pressure will only intensify. The Evidence Nationwide, the FBI estimates that in the first half of 2025 , Americans lost $240 million to crypto ATM fraud. The Iowa AG’s office contacted the top 50 Bitcoin Depot users in Iowa between 2021 and 2024, representing more than $2.4 million in transactions. Of the 34 who responded, every single one confirmed they had been scammed. Likewise, an investigation by the DC Attorney General uncovered that 93% (!) of Athena ATM deposits in the District of Columbia during a five-month period were scam transactions.  The stories follow a predictable pattern: romance scams, bogus police calls, phony tech support. Scammers play on panic, steering victims to crypto ATMs where they’re told to pour in cash and send crypto to wallets run by criminals. Store clerks at the convenience stores and smoke shops where the kiosks are hosted have tried to intervene, but to do so effectively, they need training…

This section reviews literature related to Instance-Incremental Learning (IIL), contrasting it with the more explored Class-Incremental Learning

PANews reported on November 5th that, according to Onchain Lens data, address "7 Siblings" has been continuously increasing its ETH holdings over the past two days. Today, it borrowed another 61 million USDC to buy 18,053 ETH, with an average purchase price of approximately $3,515. As of now, this address has used a total of 133.49 million USDC to purchase a cumulative 37,971 ETH over the past two days.