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Crypto ATM scams cause $388M losses in 2025, targeting older adults with urgent cash withdrawals.

Market News
27 Jul 2026
CrowdFundInsider
View Source
Bearish
Crypto ATM scams cause $388M losses in 2025, targeting older adults with urgent cash withdrawals.

Crypto ATMs, often called Bitcoin ATMs, are increasingly used by fraudsters to scam victims by urging urgent cash withdrawals that are converted into cryptocurrency and sent to criminals. These scams often involve impersonation of officials and use QR codes to route funds to criminal wallets, making recovery difficult. Losses linked to such scams rose 58% to over $388 million in 2025, with older adults disproportionately affected. Banks can detect fraud through suspicious withdrawal patterns and blockchain analytics, while regulators in the US and other countries are imposing stricter rules to curb these scams.

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Closed-end funds drop in September amid rising rates, with some funds raising payouts and others doing reverse splits.

Closed-end funds drop in September amid rising rates, with some funds raising payouts and others doing reverse splits.

In September, closed-end funds (CEFs) broadly declined due to rising long-term interest rates and wider discounts, making current valuations attractive for investors. Notable fund actions include Loan/CLO Equity CEF XFLT launching a tender offer at a...

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Bitcoin shows rising concentration near $83K-$84K, signaling possible market volatility soon.

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Technical Signals
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Over 10 million x402 payments settled on XRP Ledger, showing rapid growth in automated software payments.

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Protocol Fundamentals
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ZAMA token jumps nearly 16% to 0.09 USDT in 24 hours

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The ZAMA token reached a daily high of 0.09 USDT and was last quoted at 0.089 USDT, marking a 15.99% increase over the previous 24 hours. This significant price rise highlights growing investor interest or positive developments around the token. Such...

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