FBI Warns of Growing $55 Billion Business Email Scam
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected…
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Bitget Launches Direct Deposit Option for Mexican Pesos
Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México,…
Coinflip Expands Cryptocurrency ATM Services to Mexico
Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s…
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets.…
Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing…
Important Binance Update Affecting Ripple (XRP) Traders
TL;DR Binance will introduce new trading pairs on Binance Spot and delist some previously listed ones. The company will conduct wallet maintenance on May 29, temporarily suspending deposits and withdrawals…
Important Binance Announcement Concerning Mexican Traders
TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into…
Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment…
DEX Dominance Sets Mexico Apart, While Argentina and Venezuela Seek Financial Stability in Crypto: Chainalysis
Latin America holds the seventh position among all regions in terms of the global crypto economy rankings by Chainalysis. It ranks ahead of only Sub-Saharan Africa but closely follows regions…
Crypto Fuels Illicit Fentanyl Trade, Report Reveals
Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals…