Bitcoin

26,000 and Counting: America is Installing Hundreds More Bitcoin ATMs Each Week (msn.com) 132

The cryptocurrency-ATM company Coinmover has over 100 machines in stores in Massachusetts, New Hampshire, Connecticut, and Washington state — and plans to have 1,250 machines in 18 states by the end of the year, reports the Boston Globe.

Right now each machine is selling "an average of about $40,000 in cryptocurrency each month." There's a nationwide surge in easier ways to buy cryptocurrencies, with bitcoin ATMs leading the way. According to the industry tracking site Coin ATM Radar, there were about 6,000 such machines in the U.S. at this time last year, but over 26,000 today, with hundreds more installed every week. And that only counts "pure" bitcoin ATMs, the ones that only sell cryptocurrency. In addition, thousands of traditional cash-vending ATMs have been modified to support crypto purchases as well. Then there's Coinstar, which makes the coin-counting machines found in many US supermarkets. About 7,500 of these machines now sell bitcoin, and that number is expected to reach 10,000 by year's end. Researchers at a different site, How Many Bitcoin ATMs, have added these hybrid machines to the mix, and estimate there are over 42,000 bitcoin vending machines in the US today....

Financial technology giant NCR has entered the game. Last month NCR acquired Boston-based LibertyX, one of the first bitcoin ATM companies. These days, LibertyX mainly makes software to add crypto vending capabilities to standard ATMs and retail point-of-sale devices — the modern equivalent of cash registers. NCR is one of the world's leading makers of ATMs and point-of-sale devices. The LibertyX acquisition doesn't just mean thousands more crypto-capable ATMs. It could also mean that thousands of retail stores could sell crypto just like candy bars. It's already happening. LibertyX has deals with retailers CVS, Rite Aid, and 7-Eleven to enable bitcoin purchases at selected stores. A customer uses a LibertyX smartphone app to punch in the amount he or she wants to buy, up to $500 per day. A barcode appears on the phone's screen. A clerk scans the barcode and the customer hands over the cash. It's instantly added to the customer's bitcoin account, less a $4.95 transaction fee.

LibertyX claims this service is now available at over 20,000 retail stores...

According to a survey from the University of Chicago, 13 percent of US adults bought or sold cryptocurrency during the past year. That's nearly 33 million people. How many more will buy in, when thousands of retail stores and ATMs become bitcoin trading posts? We're about to find out.

The Internet

VoIP.ms Battles Week-Long Sustained DDoS-for-Ransom Attack (bleepingcomputer.com) 37

Slashdot reader Striek writes: VoIP.ms, a Canadian VoIP provider [also serving the US], has been under a sustained, and presumably massive DDoS attack which started on the September 16th, 2021. The attack has been disruptive enough to be covered by major media outlets, including Hacker News, ZDNet, Ars Technica, BleepingComputer, CTV News, and The Toronto Star.

They have so far refused to pay a ransom demand, which has grown from 1 bitcoin at the outset ($45,000 USD at that time), to 100 bitcoin now, or $45 million. Similar attacks have occurred recently on several UK based VOiP providers.

With DDoS attacks against VOiP infrastructure difficult to defend against — or at least more difficult than your bog-standard denial of service, this may be setting a worrying trend.

Bleeping Computer reported Monday that the attack was "severely disrupting the company's operation: As customers configured their VoIP equipment to connect to the company's domain name, the DDoS attack disrupted telephony services, preventing them from receiving or making phone calls. As DNS was no longer working, the company advised customers to modify their HOSTS file to point the domain at their IP address to bypass DNS resolution. However, this just led the threat actors to perform DDoS attacks directly at that IP address as well.

To mitigate the attacks, VoIP.ms moved their website and DNS servers to Cloudflare, and while they reported some success, the company's site and VoIP infrastructure still have issues due to the continued denial-of-service attack.

ZDNet has been following the story: In an update on Wednesday, VoIP.ms apologized to customers and confirmed it was still being targeted by what it described as a 'ransom DDoS attack' . VoIP.ms says it has over 80,000 customers in 125 countries.
And in addition, this afternoon the company's Twitter account announced that "Our main U.S. upstream carrier is currently experiencing major issues on their network affecting inbound and outbound calls and messaging to US numbers. We have already been in contact with their senior leadership team and they are on it along with their whole NOC."
Earth

6,000 Evacuated After Volcanic Lava Flow Spreads on Spanish Island (msn.com) 46

On Monday RockDoctor (Slashdot reader #15,477) wrote: Regular readers may remember recurring concerns over the instability of the island of La Palma, in the Canaries archipelago [population: 85,000]. Estimates of the threat ranged from 100 megadeaths (from tsunami impacts on the coasts of about a dozen countries bordering the Atlantic — including the eastern seaboard of America) down to a 10- to 30- metre tsunami with a few thousand deaths in the Canaries and other Atlantic islands (Madeira, Azores).

To bring relaxation and good cheer, today we have the news that the volcano at the centre of these concerns is erupting for the first time in 50 years. While a hundred or so houses have so far been destroyed and around 5000 people evacuated from the path of the lava flow, some people are more sanguine — Spain's Tourism Minister considers the eruption a "great attraction", and indeed recent eruptions in Hawaii did see a significant amount of "Volcano tourism". To be honest, I'm rather tempted myself — Etna studiously did not erupt during my last holiday there. Or should I wait for Vesuvius to go off again?

Here's an update. "Seven days after a volcano on La Palma erupted, lava flow and ash continue to spread shutting down the local airport and leaving hundreds without a home," according to one newspaper report (with several photos of the aftermath). "As of Friday, almost 6,000 people have evacuated.

"The government is working to locate emergency housing for the affected families as researchers are unsure when the ash and lava flow will stop."

Meanwhile, the Associated Press reports, "scientists said another volcanic vent opened up, exposing islanders to possible new dangers." The intensity of the eruption that began Sept. 19 has increased in recent days, prompting the evacuation of three additional villages on the island, part of Spain's Canary Islands archipelago in the Atlantic Ocean off northwest Africa...

Emergency crews pulled back from the volcano Friday as explosions sent molten rock and ash over a wide area...

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