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Tag Archives: crypto.com

CryptoCom Accidentally Sends $400 Million Worth of ETH To Gate, Funds Recovered Later

FTX’s collapse stirred the cryptocurrency market in a way that not many expected, but there’s some silver lining, however tiny it may seem. For once, most of the leading exchanges decided to go ahead with their proof-of-reserves and published the majority of their addresses that contained the funds stored on their platforms. CryptoCom is one of the exchanges that published their addresses, showcasing how much and what cryptocurrencies it stores on behalf of its customers....

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Visa, CryptoCom Partner to Launch New NFT Collection Ahead of FIFA World Cup

Leading global payment processor Visa has launched a new non-fungible token (NFTs) solution dubbed “Visa Masters of Movement,” designed to engage football fans in the FIFA World Cup Qatar 2022. Visa has been the official payment partner of the International Federation of Associations of Football (FIFA) since 2007. The payments giant described its new product as the “first of its kind” hybrid experience that features a pre-event NFT auction and immersive activation for...

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BlockchainCom Imposes Restrictions on Russia-Based Users: Report

After CryptoCom, the crypto service platform – BlockchainCom – has announced plans to restrict Russia-based users. In an email to its users, the company notified that it will block the accounts of Russians. The move comes after the European Union’s (EU) eighth package of sanctions against Russia. According to the news agency RBC’s latest report, Russian users have until October 27th to withdraw funds, following which the accounts will be blocked. The crypto wallet said in a...

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CryptoCom Secures Regulatory Approval in France

Singapore-based digital asset exchange CryptoCom has received a license from the French regulatory authorities Autorité des marchés financiers (AMF) to operate in the country as a digital asset services provider (DASP).  The approval was granted after the exchange was cleared by the Autorité de Contrôle Prudentiel et de Résolution (ACPR). The ACPR is an independent administrative authority that exercises prudential supervision of regulated financial firms in France. ...

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Crypto.com Has Made a $10 Million Mistake

So much for fortune favoring the brave. Crypto.com – one of the largest and most well-known digital currency trading platforms in the world – has made a multi-million-dollar mistake by sending piles of money to a lone recipient… And then not noticing for several months. Crypto.com Has Sent a Lot of Money Out By Mistake More than $10 million in digital currency funds were sent by Crypto.com to Melbourne native Thevamanogari Manivel. The clincher is that the company only...

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Crypto.com Has Let Go of Hundreds of Workers

More crypto companies appear to have laid off their staff members. The only difference between them and Gemini and Coinbase is that they apparently did it in secret. The layoffs occurred some time ago and never made it to the news prior to now. One would assume the companies in question likely sought to avoid publicity for the move given how much flack the previously mentioned enterprises have received for their actions. Among the firms to have let employees go is famed...

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CryptoCom Backs Out of Sponsorship Deal with UEFA’s Champions League

Citing legal issues it’s facing in some European countries, Singapore-headquartered CryptoCom has backed out of a $495-million sponsorship deal with Union of European Football Association (UEFA) Champions League. Regulatory Issues Behind Scrapping of Deal The cryptocurrency company that offers trading, DeFi, and wallet services, among others, was set to replace Russian oil major Gazprom as the sponsor for the next five seasons, up to 2027. UEFA ditched the deal with Gazprom...

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Auszahlungsschwierigkeiten bei Crypto.com verneint

Crypto.com ist in den letzten Monaten nicht mehr aus den Schlagzeilen gekommen. Nachdem die großzügigen Zinsen und Cashback-Angebote viele Nutzer zur Plattform brachten, startete Crypto.com auch eine intensive Marketingkampagne, die unter anderem zur Umbenennung der Sporthalle der L.A. Lakers in Crypto.com Arena führte. Doch zuletzt waren es vor allem negative Schlagzeilen, die im Zusammenhang mit dem Anbieter die Medien dominierten. Crypto News: Auszahlungsschwierigkeiten bei Crypto.com...

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