Soon after the fall of prominent crypto exchange FTX, almost every other player in the crypto exchange space started their innocence. Leading crypto exchanges came forward and started showcasing their...
Tag: Crypto.com
Crypto.com becomes latest bank run victim, but CEO says it is business as usual
Crypto.com CEO Kris Marszalek held an AMA on Nov. 14, addressing concerns about marketwide insolvency pressures. He said the platform is operating as usual, only at a heightened level under the curren...
Crypto.com CEO claims $1 billion recovered from FTX exposure
Crypto.com CEO Kris Marszalek came online to answer pressing questions from the industry after a weekend of simmering in hot water in the wake of FTX’s filing for Chapter 11 bankruptcy protectio...
Crypto.com Accidentally Transfers 320,000 ETH to Gate.io
Notably, the accidental ETH transfer is not the first of its kind for Crypto.com. The crypto firm made headlines when it said it had accidentally sent AUD$10.5 million to a client. Crypto.com CEO Kris...
Is Crypto.Com Next After FTX? CRO Price Down 50%
The global crypto market is trading under increased uncertainty due to the collapse of FTX, a cryptocurrency exchange. However, growing problems for another crypto exchange, Crypto.com, have worried t...
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
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Is Crypto.com The Next Crypto Exchange To Get Bankrupted ?
Crypto Live News While the crypto market is still recovering from FTX bankruptcy, market experts warn for another exchange to collapse. The Singapore based crypto exchange, Crypto.com reported on Nov ...
Crypto.com Unknowingly Sent 320k ETH to Rival Exchange Gate.io
11 seconds ago | 2 mins read Exchange News Crypto.com sent funds equivalent to around 80% of its total ETH reserves. Crypto.com published its proof of reserves on November 12. Following the major cry...
Crypto.com and Gate.io fishy ETH transfer breeds concern among customers – crypto.news
Crypto.com transferred 320,000 ETH from their cold wallet to another exchange, Gate.io. Its CEO said that although they transferred it to a whitelisted external exchange address, it was a relocation t...
Mass Withdrawals Clog Crypto.com – Trustnodes
Crypto.com (CDC) is currently facing mass withdrawals after numerous ‘influencers’ said people should withdraw. The catalyst was an ‘accidental’ transfer of 320,000 eth from CDC to Gate.io on October ...
Crypto.com CRO Price Tanks 28% Following Proof-of-Reserve Concerns
Crypto.com is the latest centralized exchange to be thrown into the spotlight a week after the collapse of the FTX group. Its native token, CRO, has tanked almost 30% in a day. The Crypto.com exchange...
The Next black Swan Event?: Gate.io and Crypto.com Seem to be Fabricating Proof of Reserves
Following the demise of FTX, the crypto community is particularly worried that some crypto exchanges, such as Gate.io and Crypto.com, seem to be falsifying their proof of reserves. The failure of Samu...
Crypto.com transferred nearly 85% of ETH reserves to Gate.io in October, CEO assures it was accidental
The Twitter community is on fire, discussing hidden motives behind asset transfers between Crypto.com and Gate.io that took place in October. The exchange’s CEO Kris Marszalek responded to speculation...
How safe is Crypto.com?
Crypto.com recently recovered $400 million in $ETH after it mistakenly sent it to crypto exchange Gate.io, instead of its own cold storage wallet. With the public spotlight very much focused on centra...
Crypto.com Recovers Funds From This Crypto Exchange
Amid the current crypto downtown, a financial service firm and crypto exchange, Crypto.com, announced that it has recovered the funds which it accidentally sent to another crypto exchange. According t...
Gate.io and Crypto.com Appear to Be Faking Proof of Reserves
In light of the recent FTX implosion, the crypto community is concerned that some crypto exchanges like Gate.io and Crypto.com appear to be faking their reserves. Community concerns were triggered whe...
Crypto.com: Experts claim proof-of-reserves may be suspicious because…
Crypto.com might have transferred from exchanges to cold wallet shortly before asset declaration Research experts claim exchange could be trading with customer funds and also be in debt Unpleasant eve...
Crypto.com Holds 20% of Its Reserves in Meme Token SHIB
Notable cryptocurrency exchange Crypto.com revealed today that it holds 20% of its reserves in the Shiba Inu (SHIB) token—a highly speculative “meme coin.” Data from blockchain analysis firm Nansen sh...
320,000 ETH Mistakenly Transferred by Crypto.com to Gate.io
7 seconds ago | 2 mins read Exchange News A change to a new cold storage location was misdirected to a trusted external exchange. On-chain data does corroborate that Gate.io did refund 285,000 ETH. Af...
Crypto.com accidentally transferred $400 million worth of ETH to another exchange, CEO says
Crypto.com mistakenly sent more than 320,000 ether ($400 million) to a rival crypto exchange called Gate on Oct. 21. This was revealed today after a Twitter user posted a screenshot inquiring why a la...
Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after
The fall of FTX highlighted the importance of proof of reserves in averting risks and improving investor confidence, urging leading crypto exchanges to publicly list down their cold and hot wallet add...
Cronos: As Crypto.com agrees to CZ’s advice, where does CRO stand
CRO did not see a price rise despite a positive reaction to its proof-of-reserve report Despite this, the coin’s 24-hour address count and seven-day circulation increased Crypto.com joined other excha...
Crypto.com Reveals $2,800,000,000 in Bitcoin and Altcoin Reserves in Bid for Transparency
The chief executive of a prominent crypto exchange is revealing some of the platform’s reserve assets in a first step towards transparency. Crypto.com CEO Kris Marszalek says that investors can expect...
Crypto.com Preliminary Audit Reveals 20% Of Assets in SHIB
8 seconds ago | 2 mins read Exchange News Nansen’s analysis shows that Crypto.com has assets worth nearly $3 billion. FTX collapse compels every company to prioritize transparency. A pioneer was Crypt...
Crypto.com Reveals Partial Proof Of Reserves To Dispel Insolvency Rumors
Crypto.com, has become the latest crypto exchange to publish partial “Proof of Reserves,” amid the downfall of rival exchange FTX. As fear of crypto contagion from the FTX meltdown spreads, Kris, CEO ...
Crypto.com Holds $558M Worth Of Shiba Inu As Reserve, Holding More Shib Than Ethereum
– Advertisement – Shiba Inu Accounts For Over Half A Billion of Crypto.com’s Asset Reserves. Crypto.com says Shiba Inu accounts for nearly 20% of its reserve. While the Proof of Reserves a...
Crypto.com Preliminary Audit Shows That 20% of Its Assets Are in Shiba Inu (SHIB) Coin
“In an ideal world, we’d want the best assets to be worth the most, but SHIB and DOGE both have extremely high market caps,” he said. So it’s “not super surprising that retail-heavy exchanges will hav...
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy – Bitcoin News
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves a...
crypto.com proof of funds is published and we found a surprising stat
Crypto exchange Crypto.com has released a statement stating the number of digital assets that the company holds. According to the statement, the exchange acknowledged the situation of the market comin...
Crypto.com to Release Cold Wallet Addresses After Proof-Of-Reserve Pledge
38 mins ago | 2 mins read Exchange News Crypto.com to publish the list of cold wallet addresses and balances for major assets. The exchange’s CEO recently announced the publishing of its audited proof...
Crypto.com discloses partial reserves in bid to counter insolvency rumors
Kris Marszalek tweeted details of Crypto.com’s reserves in a bid to address insolvency rumors. Marszalek said the company holds 53,024 Bitcoin, 391,564 Ethereum, and other crypto assets totaling appro...
Crypto.com CEO publicly shares exchange’s holdings as platform hits 70 million users
Amid the liquidity crunch affecting the FTX cryptocurrency exchange, Crypto.com has published its proof of reserves in what the platform terms as promoting transparency. Crypto.com announced that an ...