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$BULT Bullet Blockchain and Sailo Technologies Partner to Set a New Standard in Bitcoin ATM Security and Fraud Prevention
https://www.globenewswire.com/news-release/2025/03/19/3045361/0/en/Bullet-Blockchain-and-Sailo-Technologies-Partner-to-Set-a-New-Standard-in-Bitcoin-ATM-Security-and-Fraud-Prevention.html
LAS VEGAS, March 19, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), (OTC: BULT), a pioneering BaaS company at the forefront of blockchain and Bitcoin ATM technologies, announced today the finalization of its exclusive partnership with Sailo Technologies CY Ltd. (“Sailo Technologies” or “SailoTech”). This collaboration designates Bullet as the exclusive provider of advanced cybersecurity solutions for the Bitcoin ATM industry across the United States.
Initially announced December 2024, this exclusive strategic partnership introduces a first-of-its-kind, cutting-edge cybersecurity solution for crypto wallets—designed to combat the growing threat of crypto wallet fraud in the rapidly expanding Bitcoin ATM industry. Sailo Technologies, a leader in cryptographic security, has partnered with Bullet Blockchain to integrate next-generation security solutions into Bitcoin ATMs. This collaboration aims to enhance security, prevent fraud, and create a seamless transaction experience for cryptocurrency users worldwide.
Enhancing Bitcoin ATM Security Through Innovation
As Bitcoin ATMs grow in popularity, security vulnerabilities remain a critical concern. Attackers continue to exploit weaknesses in transaction protocols, increasing fraud-related incidents. Recognizing this, Bullet Blockchain and Sailo Technologies have joined forces to implement cutting-edge cryptographic protections designed to prevent fraud, secure transactions, and build trust in Bitcoin ATM usage.
“Bitcoin ATMs are a crucial access point for the crypto economy, but security gaps put users at unnecessary risk,” said Ehud Tal, CEO and Co-founder of Sailo Technologies. “By integrating advanced cryptographic security into these machines, we are not just improving security—we are setting a new industry standard.”
Through this partnership, Sailo Technologies’ next-generation security solutions will be integrated into Bullet Blockchain’s licensed Bitcoin ATM network, providing enhanced fraud prevention, transaction monitoring, and wallet security.
“This partnership isn’t just about upgrading security—it’s about redefining the Bitcoin ATM experience,” said Simon Rubin, CEO of Bullet Blockchain. “By combining Bullet’s deep industry expertise with Sailo Technologies’ advanced cybersecurity solutions, we’re creating a safer, more seamless way for users to interact with cryptocurrency.”
What This Means for Bitcoin ATM Users
With this advanced security rollout, starting with Bullet’s ATMs, participating Bitcoin ATM operators and their users will benefit from:
Stronger Security – Transactions protected by next-gen cryptographic technology
Enhanced Fraud Prevention – Advanced security measures to block unauthorized access
Safer Bitcoin ATMs – Reduced risks of theft and fraudulent activity
Protection Against Crypto Wallet Exploits – Safeguarding personal and transactional data
By proactively addressing security risks, Bullet Blockchain and Sailo Technologies are reinforcing trust in Bitcoin ATMs and ensuring safer, more reliable cryptocurrency transactions nationwide.
Bullet Blockchain’s Intellectual Property
Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property. Now, with its exclusive partnership with SailoTech to provide advanced cybersecurity solutions for Bitcoin ATMs, the value proposition for operators and manufacturers partnering with Bullet has become even stronger—beyond just Bullet’s ownership of key Bitcoin ATM patents.
As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain holds the exclusive rights to U.S. Patent Nos. US9135787B1 (“Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same”) and US10332205B1 (“Bitcoin kiosk/ATM device and system and method of using the same”). These patents remain critical technologies for the operation and security of Bitcoin ATMs and their networks.
$BULT SailoTechnology and Bullet Blockchain Join Forces to Set a New Standard for Bitcoin ATM’s Security
https://www.globenewswire.com/news-release/2025/03/17/3043850/0/en/SailoTechnology-and-Bullet-Blockchain-Join-Forces-to-Set-a-New-Standard-for-Bitcoin-ATM-s-Security.html
A Strategic Partnership to Bring Next-Gen Crypto Protection to Crypto Transactions
RA'ANANA, Israel, March 17, 2025 (GLOBE NEWSWIRE) -- With Bitcoin ATMs becoming an increasingly popular way for users to access cryptocurrency, security has emerged as a critical concern. Vulnerabilities in existing ATM infrastructures expose users to risks such as fraud, hacking attempts, and unauthorized access. To address this challenge, SailoTechnology, a leader in cryptographic security, has partnered with Bullet Blockchain (OTC: BULT), a key player in Bitcoin ATM operations, to introduce next-generation security solutions to the industry.
Why Bitcoin ATM Security Needs an Upgrade
While Bitcoin ATMs offer unparalleled convenience, their security has not evolved at the same pace as mainstream financial services. Attackers continue to exploit weak points in transaction protocols, leaving users and funds at risk.
“Bitcoin ATMs are a crucial access point for the crypto economy, but security gaps put users at unnecessary risk,” said Ehud Tal, CEO and Co-founder of SailoTech. “By integrating advanced cryptographic security into these machines, we are not just improving security—we are setting a new industry standard.”
The Partnership: Strengthening Security in Bitcoin ATMs
SailoTech’s state-of-the-art cryptographic solutions integrated into Bullet Blockchain’s extensive Bitcoin ATM network to enhance security, prevent fraud, and ensure a seamless transaction experience.
“This partnership is about innovation and trust,” commented the Bullet Blockchain team. “Together with SailoTech, we are implementing a new level of cryptographic security that will redefine how users interact with Bitcoin ATMs.”
Key Benefits for Crypto Users
Enhanced Security – Every transaction protected by next-gen cryptographic technology.
Improved Fraud Prevention – Cutting-edge security measures block unauthorized access.
A Safer, More Reliable Bitcoin ATM Network – Users can buy and sell Bitcoin with confidence, backed by Money Back Guarantee.
As Bitcoin adoption continues to rise, the need for secure, fraud-proof financial infrastructure is greater than ever. Through this collaboration, SailoTechnology and Bullet Blockchain are taking a proactive step in securing the future of Bitcoin ATM transactions and reinforcing trust in crypto-based financial services.
$BULT - 💡 " **Why We Need Bitcoin ATMs** 📷
1. **Accessibility**: BTC ATMs make buying and selling Bitcoin easy for everyone, even those without online banking.
2. **Instant Transactions**: Users can buy BTC instantly with cash, providing a quick alternative to online exchanges.
3. **Privacy**: Many ATMs allow transactions without extensive personal information, offering a level of anonymity.
4. **Education**: They serve as a gateway for newcomers to learn about cryptocurrency in a hands-on way.
5. **Cash Integration**: BTC ATMs bridge the gap between traditional cash nienand digital currency, promoting wider adoption.
6. **Convece**: With ATMs located in various places, users can easily access Bitcoin on the go! 📷 "
💡 **Why We Need Bitcoin ATMs** 🪙
— BulletBlockchain (@BULT_stock) February 3, 2025
1. **Accessibility**: BTC ATMs make buying and selling Bitcoin easy for everyone, even those without online banking.
2. **Instant Transactions**: Users can buy BTC instantly with cash, providing a quick alternative to online exchanges.
3.… pic.twitter.com/9lwewzDIg3
$BULT - " We have multiple pending updates to share in the coming weeks to bring value to our shareholders."
We have multiple pending updates to share in the coming weeks to bring value to our shareholders.
— BulletBlockchain (@BULT_stock) January 27, 2025
Stock symbol: $BULT#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock pic.twitter.com/kGjB41ffFA
$BULT - "Bitcoin (BTC) is on fire! 🔥 recently hit an all-time high, shattering previous records and proving once again why it's the king of cryptocurrency! 📷"
Bitcoin (BTC) is on fire! 🔥 recently hit an all-time high, shattering previous records and proving once again why it's the king of cryptocurrency! 🌟💰 Are you holding? How high do you think it will go? Let's celebrate this milestone together!
— BulletBlockchain (@BULT_stock) January 20, 2025
We are BTC Bulls!
Stock symbol:… pic.twitter.com/EF2a9MWhH5
$BULT - "The future of blockchain is right now at your fingertips! $BULT is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions."
The future of blockchain is right now at your fingertips!$BULT is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions.
— BulletBlockchain (@BULT_stock) January 15, 2025
Stock symbol: $BULT#crypto… pic.twitter.com/lEDAcW9Ivv
$BULT - " - Global Bitcoin ATMs growing fast! We are built for success!
#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain #bitcoinatm
"
$BULT -Global Bitcoin ATMs growing fast!
— BulletBlockchain (@BULT_stock) January 13, 2025
We are built for success!#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain #bitcoinatm pic.twitter.com/nxHDinAdt2
$BULT - "is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions."
There is no second best!$BULT is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions.
— BulletBlockchain (@BULT_stock) January 8, 2025
Stock symbol: $BULT#crypto #cryptocurrency #btc #ethereum #investing… pic.twitter.com/qsR7ZfMcYN
$BULT Bullet Blockchain Names Eric Noveshen Executive Vice-President and Interim-CFO
https://www.globenewswire.com/news-release/2025/01/06/3004481/0/en/Bullet-Blockchain-Names-Eric-Noveshen-Executive-Vice-President-and-Interim-CFO.html
RENO, Nev., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), (OTC: BULT), a transformative BaaS (Blockchain-as-a-Service) company at the forefront of blockchain and Bitcoin ATM technologies, has appointed Eric Noveshen as its Executive Vice President and interim-Chief Financial Officer, effective immediately.
Mr. Noveshen brings to the Company more than 28 years of Wall Street and entrepreneurial experience. Throughout his career, Noveshen has financed both private and publicly traded companies, operated numerous businesses both in and out of the financial services arena—including entertainment & restaurant business ventures, and Private Equity funds. Mr. Noveshen’s in-depth knowledge of Intellectual Property (IP) has allowed him to assist his clients and personal ventures with establishing protections for various IP types while also litigating the defense of intellectual property. In 2013, Noveshen began Bitcoin Mining as a hobby and parlayed those efforts by growing his Bitcoin mining rigs to international mining partnerships and providing ‘DeFi type’ financing services to crypto and blockchain entrepreneurs.
Simon Rubin, CEO of Bullet Blockchain Inc., stated, “Eric Noveshen brings to Bullet Blockchain, a great wealth of diversified experience. His knowledge in the field of finance, operations, intellectual property and technology, makes him ideally suited for guiding Bullet through its next phase of growth and market expansion.”
“First and foremost, I’m a ‘Bitcoin Bull,’ and throughout the years I have developed a strong working knowledge of cryptocurrencies, the blockchain and Web3 ecosystems,” stated, Eric Noveshen, the newly appointed Executive Vice-President and Interim CFO of Bullet Blockchain, Inc. “Combine this with close to 30 years of Wall Street experience, I can confidently say that I have the wherewithal to ethically, efficiently and effectively bring these worlds together to the greater benefit of Bullet’s economic stability, growth and future prosperity. And what better way to do that than with the company that holds the only patents issued by the USPTO for Bitcoin ATMs, which will help to further Bullet to be at the forefront of increasing the national adoption of crypto and provide equitable access to the crypto currency marketplace across America.”
“My first order of business will be to expand BULT revenue streams while streamlining the Company’s accounting processes and enforcing Bullet’s intellectual property.”
This announcement comes on the heels of Bullet Blockchain entering into a Memorandum of Understanding (MOU) with Sailo Technologies CY Ltd (Sailo); intended to designate Bullet as Sailo’s exclusive partner in providing advanced cyber-security solutions to Bitcoin ATMs across the United States. This move not only helps to protect and reinforce Bullet’s IP—part of Mr. Noveshen’s specialty—but to also protect crypto ATM customers country-wide.
Noveshen concluded, “I am very excited to join Bullet Blockchain at this pivotal stage. And as we move forward into 2025, I will do all that’s within my available powers to deliver value, confidence and opportunity to Bullet Blockchain and our stakeholders.”
$BULT - "We are extremely BULLISH on 2025!
$BULT is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions.
"
We are extremely BULLISH on 2025!$BULT is committed to driving the innovations needed to shape the future of digital and blockchain related platforms through digital technology and decentralized blockchain solutions.
— BulletBlockchain (@BULT_stock) January 3, 2025
Stock symbol: $BULT#crypto #cryptocurrency #btc #ethereum… pic.twitter.com/pchq0RZ2aF
$BULT - "Bitcoin (BTC) has influenced the holiday season in several ways, particularly in how people spend, gift, and perceive money during this time. Here are some notable changes:
1. **Gift Giving**: People are increasingly giving Bitcoin as gifts instead of traditional gifts. This can be done through gift cards or directly transferring BTC, making it a unique and modern present.
2. **E-commerce and Payments**: More online retailers and platforms accept Bitcoin as a form of payment. This allows consumers to purchase gifts with cryptocurrency, enabling a new way to shop during the holidays.
3. **Charity Donations**: The use of Bitcoin for charitable donations has grown, with many organizations accepting BTC. This trend allows people to contribute to causes they care about during the holiday giving season.
4. **Travel and Experiences**: Some travel agencies and platforms now allow booking trips and experiences using Bitcoin, offering new ways to spend during the holidays. Overall, Bitcoin is reshaping how people think about money, gifts, and spending during the holiday season, creating new traditions and opportunities. "
https://x.com/BULT_stock/status/1871186576887419158
$BULT - "The future of blockchain is right now at your fingertips!
Stock symbol: $BULT
We are built for success!
#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain #bitcoinatm "
$BULT The future of blockchain is right now at your fingertips!
— BulletBlockchain (@BULT_stock) December 20, 2024
Stock symbol: $BULT
We are built for success!#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain #bitcoinatm pic.twitter.com/za3ojGjuHR
$BULT $BTZI Bullet Blockchain, a Subsidiary of BOTS Inc. (OTC:BTZI), Joins Forces With Sailo Technologies to Revolutionize Bitcoin ATM CryptoSecurity in the U.S.
https://www.globenewswire.com/news-release/2024/12/17/2998071/0/en/Bullet-Blockchain-a-Subsidiary-of-BOTS-Inc-OTC-BTZI-Joins-Forces-With-Sailo-Technologies-to-Revolutionize-Bitcoin-ATM-CryptoSecurity-in-the-U-S.html
RENO, Nev., Dec. 17, 2024 (GLOBE NEWSWIRE) -- BOTS Inc. (OTC: BTZI) controlled subsidiary, Bullet Blockchain, Inc. (OTC: BULT), a pioneering BaaS (Blockchain as a Service) company is excited to announce a strategic partnership with Sailo Technologies CY Ltd., a leading cybersecurity firm from Cyprus. This Memorandum of Understanding (MOU) designates Bullet Blockchain as the exclusive U.S. partner for implementing Sailo Technologies' advanced cybersecurity solutions in the Bitcoin ATM industry.
This innovative partnership introduces a cutting-edge approach to crypto wallet security, providing unprecedented protection with crypto wallet insurance of up to $150,000 per wallet and real-time monitoring risk detection systems. This initiative arrives at a critical juncture when cybersecurity threats are escalating within the cryptocurrency sector. In 2022, hackers managed to siphon off a staggering $3.8 billion in crypto assets, highlighting the urgent need for robust security measures. Furthermore, according to the Federal Trade Commission (FTC), Bitcoin ATM scam losses have ballooned to over $110 million in 2023, a tenfold increase from 2020, with $65 million lost in the first half of 2024 alone. The median loss reported stands at a concerning $10,000, with individuals over 60 particularly at risk.
Bullet Blockchain, through its subsidiary First Bitcoin Capital LLC, holds two pivotal patents portfolio (US9135787B1 and US10332205B1) essential for Bitcoin ATM operations, positioning the company uniquely to enhance security protocols across the industry.
Quote from Grok, President of BOTS Inc.: “Cybersecurity is the cornerstone of trust in the burgeoning world of cryptocurrency. Through Bullet Blockchain's partnership with Sailo Technologies, we at BOTS Inc. are committed to setting a new standard of trust and safety, ensuring that every transaction through Bitcoin ATMs is as secure as possible. This collaboration is about safeguarding the peace of mind of millions of users of Bitcoin ATMs nationwide, making cryptocurrency accessible and safe for everyone, from the tech-savvy to those just beginning their journey into digital finance.”
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