Crypto.com slumps 30% as staking rewards are slashed
The world’s sixth-largest exchange has shot itself in the foot by announcing substantial reductions in rewards for its Visa cardholders, causing CRO price to tank.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The world’s sixth-largest exchange has shot itself in the foot by announcing substantial reductions in rewards for its Visa cardholders, causing CRO price to tank.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
7-day blockchain outage wipes out a full week of staking rewards after emergency aelf shutdown
aelf, a blockchain network built around its AELF MainChain and tDVV dAppChain, has restored public node access and several core se...
OranjeBTC launches world’s first Bitcoin-backed digital credit ETF on Brazil’s B3 exchange
Brazil's innovative ETF could boost crypto investment appeal, but its heavy reliance on a single company's shares poses significan...
CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Is APEING Stage 4 the Best Crypto to Buy Now? $93K+ Raised, Find Out How to Unlock 10% Extra $APEING
Yet for anyone hunting the best crypto to buy now, there is a bigger question than which established coin can squeeze out another...
DeFi stalwart Balancer mulls shutdown after $130M hack
Once a household name in the DeFi sector, decentralized exchange Balancer is considering calling it quits. In a proposal posted to...