Tag Archives: crypto.com

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...

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...

CryptoCom has announced enabling Shopify merchants to leverage its payment solution  – CryptoCom Pay – on their online storefronts. According to the official blog post, the crypto trading platform stated that the latest move should help the e-commerce company expand its reach by facilitating more ways for customers to make purchases with cryptocurrencies. CryptoCom – Shopify To incentivize Shopify merchants to sign up for CryptoCom Pay, the crypto platform has also announced...

In the aftermath of Terra (LUNA)’s price collapse, multiple crypto exchanges have begun preventing users from buying or selling the token. However, Crypto.com has taken measures a step further, opting to reverse LUNA trades taking place in a certain time frame on May 12th. In an “important update” on Friday, CryptoCom claimed that users who traded LUNA in the hour from 12:40 – 13:39 (UTC) were “quoted an incorrect price”. Trading of the token was halted after the exchange...

Popular cryptocurrency exchange CryptoCom has come under fire following its latest decision to slash its staking rewards. In a blog post published on Sunday, the platform revealed that effective June 1, it would cut down Cronos (CRO) rewards on card usage. CryptoCom Slashes Card Rewards As per the update, users with lower-tier cards, including the Midnight Blue and Ruby Steel, would get 0% on CRO rewards. Those with Royal Indigo and Jade Green would receive 0.5%; Icy White...

Fighters in the Ultimate Fighting Championship (UFC) will soon be eligible for digital currency-based bonuses thanks to the enterprise’s partnership with Crypto.com. Crypto.com and the UFC Work to Bring Crypto to Popular Fighters The fighting organization and the digital currency exchange are working together to unveil a new string of crypto bonuses that will be paid to the most popular or successful fighters as chosen by event watchers. Known as the “fan bonus” system,...

The Ultimate Fighting Championship (UFC) announced it will distribute new bonuses for athletes that will be paid in bitcoin. The crypto awards will go to the top three fighters fans have voted for. Fight Night Bonuses in Bitcoin The UFC continues to engage further with the cryptocurrency industry. It disclosed new “Fan Bonus of the Night,” which will be awarded to athletes in the primary digital asset. The bitcoin payouts will range from $30,000 for first place, $20,000 for a...

Worldpay from FIS – a top global fintech provider – recently released a joint report with Crypto.com covering attitudes around cryptocurrency as a medium of exchange. It found huge interest among both merchants and customers in using cryptocurrencies to transact in 2022. Consumers ‘Hungry’ for Crypto According to the report, titled “Crypto for Payments”, there is currently a ~10X disparity between customers and merchants transacting in crypto. Whereas 40% of customers would...

Say goodbye to Crypto.com Coin, and hello to “Cronos” – the popular crypto exchange’s new name for its CRO utility token. The token, which is native to the Crypto.org and Cronos EVM chains, will see neither its ticker symbol nor mechanics change. A Symbol of Decentralization Crypto.com announced its rebranding in a medium blog post earlier today. It said that the new name is meant to reflect the “decentralization of the coin and tremendous growth of the Cronos ecosystem.” ...

Oscar-winning writer and actor Matt Damon has taken quite a bit of flak for his appearance in a recent advertisement for Crypto.com. Now, it looks like the popular animated television program “South Park” is the latest to jab at Damon for his work with the digital currency exchange. Matt Damon Just Can’t Catch a Break Not long ago, a commercial was featured on television that included the presence of Matt Damon, who is known for his work on films such as “Good Will...