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Crypto.com

  • Regulation

    Singapore grants Crypto.com in-principle approval toward offering payment services

    The Singapore-based cryptocurrency exchange Wednesday said the approval toward a license will eventually allow it to offer a range of payment services in the city-state. See related article: Singapore warms up to crypto industry — on its own terms Fast facts Crypto.com has received an in-principle approval from the Monetary Authority of Singapore (MAS) for […]

    Pradipta Mukherjee

  • Crypto Trading and Strategies

    Valar Ventures-backed Vauld to lay off 30% of staff

    The Singapore-based cryptocurrency exchange said the actions of a “few market participants” are creating a lot of uncertainty in the eyes of customers. See related article: ‘Buckle up’ for downsizing crypto market as employees laid off Fast facts The layoffs impact every team with marketing and talent acquisition departments being affected the most, as Vauld […]

    Pradipta Mukherjee

  • Regulation

    Crypto.com, Bybit book tickets to Dubai to set up UAE bases

    Singapore-based cryptocurrency exchanges Crypto.com and Bybit have announced that they will be setting up offices in Dubai, as the industry continues its migration towards the United Arab Emirates (UAE).  See related article: As Binance shrinks away in Asia, will it put down roots in the Middle East? Fast facts See related article: Ripple launches first […]

    Ningwei Qin

  • Crypto Trading and Strategies

    FIFA, Crypto.com set Qatar World Cup sponsorship deal

    Adding to its ambitious roster of sports sponsorships, Crypto.com will be the exclusive cryptocurrency trading platform backing the Qatar World Cup after bagging the deal for an undisclosed amount, the international soccer association announced on Wednesday, Asia time.  See related article: Crypto.com discloses details of US$34M hack Fast facts Singapore-based Crypto.com stands to gain massive […]

    Ningwei Qin

  • Altcoins

    Bybit to issue Oracle Red Bull’s fan tokens in $150M deal

    Oracle Red Bull’s Formula 1 (F1) racing team announced on Wednesday a multi-year sponsorship deal with Singapore-based derivative exchange Bybit in what it claims to be the largest annual crypto sponsorship to date. Fast facts While the scale of the sponsorship hasn’t been disclosed officially, media accounts cited an unnamed source in reporting the deal […]

    Timmy Shen

  • Bitcoin News

    Super Bowl ad blitz not enough for exchanges to top Binance sales

    The aggregate sales volume of the four crypto exchanges that advertised during the Super Bowl on Monday Asia time accounted for under 60% of the world’s largest exchange Binance, which did not. Fast facts The four exchanges — Coinbase, FTX, Crypto.com and BitBuy — saw a total of US$6.75 billion in the past 24 hours […]

    Lachlan Keller

  • Bitcoin News

    Crypto exchanges compete in Super Bowl ad blitz

    Advertisements for several crypto exchanges vied for the spotlight in this year’s Super Bowl, including one for Crypto.com that aired during the showcase halftime break. Fast facts Following a widely publicized ad featuring Matt Damon, Singapore-based Crypto.com’s new ad featured basketball star LeBron James talking to his younger self in 2003 insinuating the creation and […]

    Lachlan Keller

  • Crypto Trading and Strategies

    Crypto.com discloses details of US$34M hack

    The fast-growing crypto exchange Crypto.com discloses large amounts of Bitcoin and Ether were stolen from 483 customers.

    Jeanhee Kim