Press Releases

Our Brisbane ATM will be offline for the forseeable future

November 2016 — Brisbane's first cryptocurrency ATM is no longer operational due to circumstances beyond our control.

Brisbane is getting its cryptocurrency ATM back

April 2015 — Brisbane's first cryptocurrency ATM is coming back to South Brisbane, after a few months' hiatus, with a fantastic new location: 123 Melbourne Street.

UK Bitcoin first opens in Brighton

February 2015 — One of the UK’s first bitcoin ATMs with the ability to dispense and take deposits in pound sterling has opened for transactions at an entrepreneurial local coffeehouse in Brighton’s up-and-coming London Road.

Digital currency aficionados can now buy and sell bitcoins, or convert them into cash for withdrawal, at the forward-thinking Presuming Ed Coffeehouse, housed in a former three-storey HSBC bank branch.

All Bitstamp related services are back on line as of 11 January 2015

Official statement concerning the recent hack of Bitstamp

January 2015 — Bitstamp, the Bitcoin exchange used by many of the world's bitcoin ATMs, including those operated by Bit2Bit, has suspended operations while they investigate the theft of an estimated USD$5 million worth of Bitcoin.

On January 4th, some of Bitstamp’s operational wallets were compromised, resulting in a loss of less than 19,000 BTC. Upon learning of the breach, we immediately notified all customers that they should no longer make deposits to previously issued bitcoin deposit addresses. To repeat, customers should NOT make any deposits to previously issued bitcoin deposit addresses. As an additional security measure, we suspended our systems while we fully investigate the incident and actively engage with law enforcement officials. — Accouncement 4 Jan 2015

Accordingly Bit2Bit suspended all Bitcoin transactions through its Cryptocurrency ATMs until the situation was resolved.

Official statement concerning the return of Bit2Bit's Brisbane Bitcoin ATM

After a month of thorough forensic investigation by the Cyber-Crime Division of the Queensland Police, Bit2Bit's popular Crypto-ATM has been returned.

On 17 October the Cyber-Crimes division of the Queensland Police Force forcably removed the Cryptocurrency Teller Machine owned and operated by Bit2Bit in Brisbane, Australia, in order to forensically examine it, as they suspected the machine had been used to launder drug-money. Naturally we were stunned by this, and Bit2Bit as a whole is very grateful to the The Australian Digital Currency Commerce Association for its immediate offer of advice and assitance. A special shout-out to Bitcoin Brisbane as well, who stood by us and offered logistic and moral support.

The Brisbane bitcoin ATM was returned on 24 January 2015.

Official statement on the recent Queensland Police Raid

October 2014 — Bit2Bit’s Brisbane based Cryptocurrency ATM was seized by police on 17 October after the cafe where it was located was raided. Police allege that one of the cafe’s operators is connected to a criminal organisation, and that the premises has been used in connection with a major drugs ring.

Bit2Bit is appalled that this has happened, and that its machine has been caught up as collateral damage in the Queensland Police’s war against crime.

UK's first Bitcoin only art sale

September 2014 — The UK's first Bitcoin only art sale opens in London next Friday (September 26) where controversial artist Chemical X, behind such iconic images as the Ministry of Sound logo, will sell original works exclusively in the digital currency.

Launch of Multi-Cryptocurrency Teller Machine a first for Canberra and Australia

August 2014 — Canberra’s first multiple Cryptocurrency ATM, or CTM, which will allow customers to instantly buy Bitcoin, Litecoin and Dogecoin, or exchange their existing cryptocurrency for cash, will be launched this Thursday 21st August at The RUC@Turner, McCaughey St, Turner.

Australian Bitcoin leader Bit2Bit’s co-founder Alex Hume will launch the CTM alongside the manager of The RUC@Turner, Ned Scanlan.

Cryptocurrency advances in Brisbane with launch of first Dogecoin ATM

June 2014 — Queensland’s first Bitcoin ATM now supports the exciting new digital currency Dogecoin and fans of the alternative currency are over the moon. Bit2Bit, who made headlines last month by rolling out Brisbane’s first virtual currency Crypto-Teller Machine, or CTM, announced the upgrade to support Dogecoin will go live on Saturday 21 June 2014.

Dogecoin is an open source peer-to-peer digital currency invented by Australian Jackson Palmer, and American Billy Markus. It works in a similar way to Bitcoin, but is considered to be more fun, being favoured worldwide by fans of the adorable Shiba Inus ‘Doge’ internet meme.

Digital currency craze hits Brisbane

May 2014 — The race to launch Queensland’s first Bitcoin ATM has come to an end with Australian company Bit2Bit rolling out what is believed to be Brisbane’s first machine on May 16.

The Bitcoin machine, which is housed at The Roastery Café in South Brisbane, will be sent live on Friday allowing digital currency users to securely exchange hard cash for the cryptocurrency or vice versa.