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Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange

"It was supposed to be a move to a new cold storage address, but was sent to a whitelisted ext…

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2 mins read

Crypto exchange Gemini lays off more employees in second round

After terminating nearly 10 per cent of staff some time back owing to "turbulent market conditions'…

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2 mins read

Crypto winter is coming, with companies announcing more than 1,700 layoffs so far in June alone

Last year, when the cryptocurrency market boomed, some crypto exchanges shelled out millions to exp…

Weilun Soon   


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Crypto.com confirms 483 users lost $34 million in hack

Overall, the unauthorised withdrawals had over $15 million worth of etherum, $19 million worth o…

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World's largest crypto exchange Binance says it's hiring for more than 2,000 roles amid a multi-trillion dollar slump in the crypto market

Binance's plans put it on an upward trajectory compared to its competitors, many of whom have been …

Weilun Soon   


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Crypto.com says it will lay off 260 employees, joining the downsizing wave hitting crypto exchanges

In 2021, Crypto.com paid $100 million to have Matt Damon as its spokesperson and spent a reported $…

Weilun Soon   


Avery Hartmans   


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Crypto.com coin tumbles 17% after the digital currencies exchange cuts down rewards to cardholders

Changes to the CRO Card rewards program will "ensure long-term sustainability," the crypto exchange…

Carla Mozée   


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The auditor of Binance and Crypto.com's reserves has reportedly stopped work with crypto clients in the wake of FTX's collapse

It may prove difficult for crypto exchanges to prove their reserves now that their main auditor has…

Carla Mozée   


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BlockFi, Crypto.com lay off hundreds as digital coins crash

Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees aft…

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Crypto.com is cutting 20% of its workforce to blunt the blow from FTX's collapse and the crypto winter, broadening layoffs in the industry

Crypto.com in its layoff announcement said the implosion of FTX "significantly damaged trust" in th…

Carla Mozée   


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NBA superstar LeBron James partners with Crypto.com to offer Web3 opportunities through his foundation

In a partnership with Crypto.com, the NBA star is pushing for more opportunities focused on Web3 th…

Isabelle Lee   


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1 min read

Crypto.com admits that about 500 customer accounts were hacked earlier this week, over $30 million stolen

Crypto.com suspended withdrawals on Monday after receiving reports of "suspicious activities" in us…

Huileng Tan   


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Matt Damon-endorsed Crypto.com confirms 400 accounts hacked and funds stolen

Matt Damon-endorsed Crypto.com admits 400 users hit in hack

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Crypto.com denies funds were lost after 'suspicious activity', as security firm estimates $15 million went missing

The crypto exchange suspended withdrawals for several hours on Monday after worried customers said …

Adam Morgan McCarthy   


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UK's ad regulator bans 2 Crypto.com promos for being 'misleading' and 'irresponsible'

The regulator said the two ads of Crypto.com were "irresponsible and took advantage of consumers' i…

Isabelle Lee   


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1 min read

Crypto.com and FTX are running Super Bowl ads after buying the naming rights to professional sports arenas

Last month, the crypto platform spent $700 million to rename the Staples Center to the Crypto.com A…

Natasha Dailey   


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1 min read

Crypto.com coin has surged 91% since the exchange secured the naming rights to the home of the LA Lakers

Crypto.com coin has rallied 91% from the day it was announced that the exchange paid $700 million t…

Isabelle Lee   


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As the FTX fallout spreads, smaller cryptocurrencies may have to stop be taken off exchanges to protect consumers, Crypto.com CEO says

FTX's collapse will have repercussions for the broader crypto sector and the confidence of its inve…

Phil Rosen   


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As the FTX fallout spreads, smaller cryptocurrencies may have to stop be taken off exchanges to protect consumers, Crypto.com CEO says

FTX's collapse will have repercussions for the broader crypto sector and the confidence of its inve…

Phil Rosen