Tag Archives: crypto.com

Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of the AI technology. Artificial intelligence (AI) has taken another foray into the cryptocurrency industry, the latest to embrace this cutting-edge technology is Ava Labs, the brains behind the success of Avalanche blockchain. The software development company recently unveiled its newest addition: AvaGPT, a generative AI assistant to enhance user experiences. In a lengthy Twitter thread on...

One of the leading cryptocurrency exchanges – Crypto.com – was recently rumored to have conducted proprietary trading, whereas some of its teams might have traded assets for profit.  The company rejected the accusations, asserting it has adopted best practices to operate in the industry. Crypto.com Under Fire Five people with direct knowledge of the matter supposedly told Financial Times that the cryptocurrency platform had deployed internal teams to engage in illegal...

The Winklevoss-led crypto exchange Gemini announced it has started the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). As part of its global expansion plans, Gemini revealed engaging with stakeholders throughout the region to learn more about local regulatory requirements and the needs of UAE crypto investors. In other exchange-related news, Crypto.com said it had acquired a Major Payment Institution license for Digital...

Securing this recent license will allow Crypto.com to offer DPT services to a wide range of customers in Singapore. In a major development, Crypto.com announced that it has secured the license of a Major Payment Institution (MPI) from the Monetary Authority of Singapore (MAS) for offering Digital Payment Token (DPT) services in the region. Previously, Crypto.com received its in-principle approval from the MAS last year in June 2022. Having secured the license recently, the platform will be...

Popular digital asset trading platform Crypto.com has partnered with technology giant Samsung to offer an optimized version of its app for Samsung Galaxy Z Fold devices, including the recently launched Z Fold4. In a statement released Thursday, Crypto.com announced the new update, Version 3.158.1, which features an enhanced trading and analysis experience specifically for Galaxy Z Fold devices. Tailored Trading Experience for Galaxy Z Fold  The new features will allow users...

The American actor – Matt Damon – partnered with Crypto.com in 2021 to become the face of its marketing campaign. However, the ad called “Fortune favors the bold” received severe backlash from the community. In a recent interview, he admitted that the exchange distributed $1 million to his charity entity, water.org, which has become his main motive behind the deal. Like many other rivals, Crypto.com launched several marketing efforts during the bull run in 2021. One of its...

Jatinder Singh, the 37-year-old partner of Thevamanogari Manivel, a Melbourne woman who mistakenly received $10.5 million instead of a $100 refund from digital asset exchange Crypto.com, has been granted bail by the Victorian County Court. Although Senior Constable Conor Healy argued that roughly $7 million had been recovered and Singh could flee with the outstanding balance, Judge Daniel Holding insisted on granting the bail. Court Grants Singh Bail Recall that an employee...

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Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12). The bear market in 2022 shook the industry to its core, wiping out close to $2 trillion and causing multiple bankruptcies. One of the most active advertisers at last year’s Super Bowl was FTX, whose demise in November still echoes across the industry.  From ‘Crypto Bowl’ to No Ads at All The most anticipated event in the National Football League...

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com, Bybit, and Kraken, laid off a chunk of their workforce to cope with the challenging times.  The trend seems to be similar at the start of the new year despite the recent revival of the market, with Gemini, Blockchain.com, Coinbase, and many others announcing a new wave of layoffs. The Dismissal...