Global Crypto Owners Predicted to Surpass 1 Billion This Year

The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto industry,” the company said. … Read more

UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’

The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.” MMA Entertainment Giant Partners With … Read more

Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen

Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack Postmortem and CEO’s Comments Crypto.com revealed Thursday the number of users affected by the … Read more

Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were … Read more

Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle

The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was a good year for venture capital (VC) entering the crypto and blockchain … Read more

Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings

Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek … Read more

2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl

On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl advertisement slot in October. Crypto.com Tells the Press the Exchange Purchased a Super Bowl LVI Advertisement Purchasing an ad slot … Read more

Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants

Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch card programs that make it easy for consumers to convert and spend digital currency at 80 million merchant locations worldwide.” He emphasized, “We’ve built a lot of momentum in this space, and we’ll continue to … Read more