Cryptocurrency Exchange Bitget Eyes Latam Expansion

Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving beginner investors with tools like its copy-trading feature. Bitget Aims to Gain Traction […] Source

Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH

Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH […] Source

Expert Calls for Full Cryptocurrency Regulation in Nigeria to Mitigate Digital Asset-Related Financial Crimes

Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet service providers before granting them account access. Curbing Crypto-Related Financial Crimes According to a blockchain [โ€ฆ] Source CryptoX Portal

Is cryptocurrency a good investment in 2024?

Get answers to your crypto investment questions. Learn about trends, promising coins, market risks, and whether investing in cryptocurrency is wise in 2024. Despite a buoyant surge in Dec. 2023, leading to an over 16% increase in the total crypto market cap to reach $1.66 trillion as of Feb. 6, we still find ourselves in the shadow of the highs of 2021. Total crypto market cap from Dec. 23 till Feb. 6 | Source: CoinMarketCap Amid this, 2024 started off with good news, Bitcoin (BTC), finally received a nod with…

US Government Announces New Probe Into Cryptocurrency Mining Operations in the United States

The U.S. Energy Information Administration (EIA) is announcing that it will be carefully examining crypto mining operations in the country. In a recent press release, the EIA, a statistical and analytical agency within the U.S. Department of Energy, says that it wants to keep track of how much electricity is being used by US firms that mine digital assets. The EIA also says it will be asking the public for its opinion on the energy data it collects from the companies. โ€œThe U.S. Energy Information Administration is initiating a provisional…

8081.io Announces the Prelaunch of its Automated Trading Platform for Cryptocurrency

In a landmark development, 8081.io, a leader in cryptocurrency trading automation, today announced the pre-launch of its state-of-the-art automated trading platform. Armed with advanced AI/ML technology, this platform is meticulously crafted to serve the unique needs of both traditional retail investors and institutional licensed brokers. Poised to lead the upcoming global surge in crypto adoption, 8081.io combines user-friendly design with sophisticated technology. Confronting the trust issues and asset selection uncertainties that have long plagued the crypto industry, 8081.io set out to serve as a beacon of innovation and dependability. This…