Image of a lady using an ATM.

The ATM is 50 years old, and still going strong

Fifty years ago today, the world’s first cash machine was installed at a Barclays Bank branch in Enfield, London. The machine was invented by John Shepherd-Barron and his team at De La Rue Instruments Ltd. The new machine, or Automated Teller Machine (ATM), allowed customers to withdraw ten £1 banknotes using a special voucher that…

Bitcoin ATM opens in Israel

A Bitcoin ATM has been opened in Israel. The ATM was opened on the 30 March at the “Bitcoin emBassy”, a non-profit group based in Tel Aviv. The new machine, operated by the Bits of Gold company, enables users to purchase Bitcoin credits in exchange for cash. “I am proud that the embassy has made…