Around mid-December, the price of crypto Cronos (CRO) had fallen to annual lows, below $0.056. Cronos went into distress due to the failure of FTX, because CRO is Crypto.com’s cryptocurrency. Fears about Crypto.com and its crypto Cronos (CRO) FTX was one of the largest crypto exchanges in the world. It was centralized and regulated, so many believed it was solid and well-run. Instead, with its implosion it turned out that it wasn’t at all: it was very poorly managed and had very weak foundations. The fact that it was based in the Bahamas for many meant that the authorities’ controlsGo to Source
Author: coinmaker
