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...
Read More »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. ...
Read More »Approval Galore: France Gives Crypto.com Regulatory Approval
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Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »CryptoCom Pay Now Available for Shopify Merchants
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...
Read More »CryptoCom Reverses LUNA Trades From May 12th
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...
Read More »Cronos (CRO) Crashes 15% Daily as CryptoCom Cuts Card Rewards
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...
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