CoinspeakerShiba Inu Whale Withdraws 692 Billion SHIB from Crypto.com as Burn Rate Spikes 288% A Shiba Inu whale moved more than $19 million from a Crypto.com wallet to a rumored multisig wallet be owned by BitGo. Shiba Inu Whale Withdraws 692 Billion SHIB from Crypto.com as Burn Rate Spikes 288%
Read More »Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown
CoinspeakerCrypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition. Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown
Read More »Crypto.com Targets High Net-Worth Traders with Prime Program Launch
CoinspeakerCrypto.com Targets High Net-Worth Traders with Prime Program Launch Gaining access to the Prime program is not open to everyone. It is invite-only and requires a minimum deposit of $1 million, highlighting its targeted appeal to a select group of high-net-worth traders. Crypto.com Targets High Net-Worth Traders with Prime Program Launch
Read More »Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
CoinspeakerSuper Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses. Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
Read More »These Crypto Exchanges Are Navigating New UK Rules as January 8 Deadline Nears
Several crypto exchanges are taking steps to adhere to recently imposed regulations by the UK government. These regulations require crypto entities to inform users about the risks associated with trading digital assets and to promote their services responsibly. These measures have been implemented as part of the Financial Services and Markets Act in the UK, which has expanded its scope to include firms dealing with crypto and stablecoins, subjecting them to the same...
Read More »Crypto.com Partner Cronos Launches Layer 2 zkEVM Testnet Chain with Matter Labs
Cronos has announced a layer 2 network for the Ethereum blockchain in collaboration with Matter Labs, Crypto.com, Fulcrom, VVS, and Veno. Cronos Labs, the name behind the Cronos blockchain, and a partner to Crypto.com, has announced a new layer 2 platform built for the Ethereum network. Cronos Labs has now joined a growing list of services working on improving Ethereum’s scalability by building and launching off-chain networks. The platform is initially available as a public testnet. 📖...
Read More »Crypto.com Inks MOU Deal with Singapore Charities to Accept Crypto Donations
The collaboration not only supports traditional fundraising methods but also aligns with the changing digital ecosystem, challenges with governance, and the evolving nature of fundraising in the non-profit sector. Just in time for the giving season, Crypto.com, a Singapore-based digital assets trading platform, that recently secured regulatory approval in the UK has inked a Memorandum of Understanding (MOU) with six major charities in Singapore to help facilitate the acceptance of...
Read More »Users Can Now Trade XRP and DOGE Against PayPal’s Stablecoin
The leading cryptocurrency exchange – Crypto.com – recently teamed up with the payment platform PayPal to become the preferred marketplace for the recently launched stablecoin – PayPal USD (PYUSD). As such, it said there are now new trading pairs on the application. In the following lines, we will outline which ones exactly. Support for XRP and DOGE Crypto.com announced on X (Twitter) that customers can trade Ripple’s native token – XRP, the first ever memecoin – Dogecoin...
Read More »Gemini Bows Out of Netherlands Due to Regulatory Challenges
The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB). The move follows the footsteps of Binance, another digital asset trading platform that withdrew from the market earlier this year due to...
Read More »Crypto.com Partners PayPal to Become Preferred Exchange for PYUSD
Leading digital asset exchange, Crypto.com, announced a partnership with global payments giant PayPal to become the preferred exchange for the recently launched PayPal USD (PYUSD). According to an official release, the collaboration builds on the firms’ existing integrations, including a top-up service between PayPal and the Crypto.com Visa Card. Crypto.com Becomes Preferred Exchange for PYUSD Crypto.com listed PYUSD on its platform two weeks after PayPal launched the...
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