Since the peak of the Trump news-driven rally, Cronos has lost more than $6 billion, or nearly 50% of its market cap.
Latest Crypto.com News
Stay tuned for the latest news regarding Crypto.com with Cointelegraph.
Crypto.com is a cryptocurrency exchange offering a range of services to help users purchase, sell and manage crypto assets. It also offers a mobile app and wallet.
The platform provides a Visa card, allowing customers to spend cryptocurrency directly at regular shops. It also offers staking services.
Stay informed on all the latest Crypto.com news with Cointelegraph.
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Crypto.com CEO Kris Marszalek says the exchange had disclosed a 2023 security breach to regulators, and accusations suggesting otherwise were misinformation.
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Trump Media announced that users who earn gems by participating in Trump Media activities will be able to convert them into Cronos.
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Trump Media said it would purchase 684.4 million CRO tokens as part of a deal with the exchange following a joint venture to create a crypto treasury.
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Crypto.com CEO Kris Marszalek predicted a Fed rate cut this month, which would lead to a strong fourth-quarter for the crypto market.
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The Web3 industry is on track to surpass 5 billion cryptocurrency users, driven by blockchain usability and speculation during the next bull market cycle, according to industry insiders.
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Crypto.com-backed CRO jumped 40% on the announcement of the Trump Media Group CRO Strategy, reaching levels not seen since May 2022.
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New Trump-backed SPAC deal creates Trump Media Group CRO Strategy, funded by $1 billion in CRO tokens, cash, warrants and a $5 billion credit line from Yorkville affiliate.
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A $60,000 “battle royale” style trading competition is being held to appreciate traders’ skills and consistency.
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Emirates and Crypto.com will work together to introduce crypto payments and launch promotional campaigns to boost adoption.
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The European exchange-traded product will hold CRO, the native token of Crypto.com's affiliated blockchain network, Cronos.
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The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.
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The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.
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The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
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Crypto.com is sponsoring the first golf tournament with a crypto purse on Dec.14 in Las Vegas.
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