Popular digital currency exchange Crypto.com is in hot water after it allegedly sent a lot of digital money to the wrong account. Crypto.com Sent Money to the Wrong Area At the time of writing, Crypto.com is purported to have sent as much as $400 million in Ethereum funds to a wallet stationed on the platform of its competitor and rival Gate.io. CEO Kris Marszalek took to social media to express his remorse over the situation and explain things to potential investors. He said: It was supposed to be a move to a new cold storage address but was sent to
Key Insights: Crypto.com avoids SEC action after a seven-month investigation ends on March 27. The exchange holds over 100 global regulatory approvals, unmatched by major peers. SEC’s new leadership drops lawsuits, hinting at a softer stance on crypto firms. The cryptocurrency exchange Crypto.com announced its second major positive outcome for…
The AFL says it’s going to continue its partnership with Crypto.com, a famed crypto exchange, even though there are concerns about the space following the collapse of digital trading platform FTX. Crypto.com Is Raising All Kinds of Questions The world was shocked in mid-November when one of the largest digital…
Crypto.com recently announced the launch of its entity in Dubai, CRO DAX Middle East FZE, being granted a VASP (virtual assistant service provider) license for certain digital asset service activities by VARA (Virtual Asset Regulatory Authority). The VASP license that Crypto.com has obtained is subject to the firm satisfying VARA’s…