Europe’s Largest Electronics Retailer to Install Bitcoin ATMs

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Europe’s Largest Electronics Retailer to Install Bitcoin ATMs
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The adoption of Bitcoin ATMs is picking up more steam in Europe

Customers will be able to purchase Bitcoin at Kurant vending machines. Kurant, which was founded as a spin-off of Coinfinity back in 2017, currently operates 200 Bitcoin ATMs in Austria, Spain, Greece, and Germany.

Last November, MediaMarkt fell victim to a crippling ransomware attack. The hackers initially were initially demanding a whopping $240 million worth of Bitcoin, but they later settled for a $50 million payment after negotiating with the electronics outlet. Due to the attack, MediaMarkt was no longer able to accept credit card payments in some of its stores.MediaMarkt, which boasts more than 1,000 stores in various European countries.

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