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Cryptocurrency Exchange

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

February 28, 2024

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency exchange…

Cryptocurrency Exchange Bitget Eyes Latam Expansion

February 22, 2024

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…

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

February 22, 2024

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…