Crypto.com lays off 20% of workforce after FTX collapse
Kris Marszalek, CEO of Crypto.com has announced a new wave of staff layoffs that will reduce its global workforce by another 20%. Kris Marszalek, the co-founder and CEO of Crypto.com , has announced a new round of staff layoffs that will further reduce its global workforce by 20%. He cited weak market conditions and “recent […]
Crypto.com undergoes new investigations following market crisis
In the aftermath of rival exchange FTX’s shocking collapse last week, Crypto.com, the cryptocurrency exchange that the 2022 Qatar World Cup has come under more scrutiny and concern. Crypto.com CEO Kris Marszalek made an effort to reassure customers during a Monday AMA (ask me anything) on YouTube by stating that the platform is “doing business […]
Crypto.com cancels $495M UEFA Champions League deal: Report
After the Champions League withdrew the Russian state-owned energy company Gazprom, Crypto.com reportedly stepped in as a potential sponsor. According to reports, the $500 million sponsorship arrangement between Crypto.com and the Union of European Football Associations’ Champions League has been terminated. SportBusiness reported on Wednesday that Crypto.com withdrew from a $495 million agreement with the […]
Shiba Inu Traders Can Now Trade on CryptoCom
Shiba Inu can now be traded on CryptoCom thanks to the addition of a BUSD trading pair for the token. The Shiba Inu enthusiasts can rejoice as a new trading pair is now accessible on crypto.com. Users can trade between the two tokens using the new pair’s SHIB-BUSD trading pair. Users now find it simpler […]
Crypto.com Gets Confirmation for Crypto Asset Activities in the UK.
Digital asset exchange After receiving registration confirmation from the Financial Conduct Authority (FCA) on Tuesday, Crypto.com has recently acquired the go-ahead for “certain crypto asset activities” in the UK. The FCA’s Financial Services Register indicates that on August 16 “FORIS DAX UK LIMITED” was given Money Laundering Regulation Status and registered to engage in “certain […]