FeesSafety
Pluang+

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.

More News

NEAR Protocol price rises 3.36% in one hour, hitting $4.67 on Binance with $210K short liquidations.

NEAR Protocol price rises 3.36% in one hour, hitting $4.67 on Binance with $210K short liquidations.

NEAR Protocol (NEAR) saw its price increase by 3.36% in the hour ending at 1:06 p.m. ET on October 25, reaching $4.67 on Binance's NEAR/USDT spot market, up from $4.52 an hour earlier. Over the same period, short liquidations across Binance, Bybit, a...

Market News
Bullish
4 hours ago
SUI price dips to $0.917 with key support near $0.85 amid mixed crypto market moves

SUI price dips to $0.917 with key support near $0.85 amid mixed crypto market moves

On October 25, the cryptocurrency SUI traded at $0.917, down 0.65% in the past 24 hours, while the overall crypto market rose by 1.16%. Technical analysis indicates the next support level for SUI is around $0.85 to $0.86, with initial support at $0.8...

Technical Signals
Neutral
4 hours ago
SUI price dips 0.65% with key supports at $0.8477 and $0.6508 guiding potential recovery paths.

SUI price dips 0.65% with key supports at $0.8477 and $0.6508 guiding potential recovery paths.

SUI cryptocurrency traded at $0.917, down 0.65% in 24 hours despite a broader crypto market gain of 1.16%. Analyst Giannis Andreou highlights two key support levels at $0.8477 and $0.6508, which could define different recovery scenarios. A confirmed ...

Technical Signals
Neutral
4 hours ago
Microsoft earnings under scrutiny as AI growth and spending raise investor debate ahead of Fed meeting.

Microsoft earnings under scrutiny as AI growth and spending raise investor debate ahead of Fed meeting.

Microsoft's upcoming earnings report is highly anticipated, focusing on Azure growth, AI monetization, and heavy capital spending. Analysts are divided, with some bullish on AI-driven cloud growth and others concerned about the company's $200 billion...

Market News
Neutral
4 hours ago
Virtuals Protocol adds automated options trading for Bitcoin and Ether with adaptive position adjustments.

Virtuals Protocol adds automated options trading for Bitcoin and Ether with adaptive position adjustments.

Virtuals Protocol has introduced automated options trading for Bitcoin (BTC) and Ether (ETH), enhancing its platform with new trading capabilities for software agents. The update includes an options feature allowing agents to trade options and a rule...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App