The Latest Breaking News on Cryptocom

Crypto Companies Are Spending $2.4 Billion on Sports Sponsorships

Crypto.com, Coinbase, and FTX are moving aggressively to match the marketing muscle of carmakers, beer brands, and other big-money advertisers.

Businessweek

How an anonymous crypto confession box is revealing investors’ tales of loss and despair

Anonymous confession sites have flourished in the digital age. A new site is prising open crypto’s black box, revealing the…

The Independent UK

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing.…

WEKU

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Commentary: Cryptocurrency is a peril for the Black community

“The future is crunk!” declares a digital re-creation of a young LeBron James in the ubiquitous TV commercial promoting Crypto.com.

Chicago Tribune

Crypto Warning From Within: Billionaire Says More Bad News Ahead

The crypto industry is currently undergoing a truth test that will determine which projects are viable

The Street

Dogecoin, Shiba Inu Among Several Tokens Cut From Crypto.com Rewards Program

Cryptocurrency exchange Crypto.com has removed Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and several other crypto tokens from its Crypto…

Benzinga

Once Again, Twitter Is Roasting Matt Damon For His Crypto Ad

The backlash against cryptocurrencies deepens as the market continues to stumble.

The Street

Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Benzinga

Crypto.com Receives Singapore Token Permits Approval Along With Two Other Firms

Singapore will be issuing in-principle approvals for Crypto.com, Genesis, and Sparrow Tech to provide digital payment token services in the city-state,…

Benzinga

From analysis to good news, read the world’s best news in one place

Crypto Firms Scale Down Spending On Sports Marketing, Amidst Recent Market Crash

Following the recent crypto market crash, major cryptocurrency companies have started preserving funds by reducing marketing costs.

Benzinga

Trillion-dollar crypto collapse sparks flurry of US lawsuits – who’s to blame?

Kim Kardashian and Floyd Mayweather among those being sued, but prosecuting fraud in the crypto arena is notoriously difficult

The Guardian - US

‘The Music Has Stopped’: Crypto Firms Quake as Prices Fall

SAN FRANCISCO — No one wanted to miss out on the cryptocurrency mania.

The New York Times

The crypto landslide is finally here

If you “bought the dip” in March, your $1,000 Ethereum investment would now be worth less than $500.

Input

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BlockFi Lays Off 20% Of Workforce: 'Macroeconomic Environment Has Shifted Dramatically'

Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company…

Benzinga

Cryptos' Market Cap Tanks Below $1 Trillion, Crypto.com CEO Lays Off 5% Staff

Amid a wider market rout, the total market capitalization of cryptocurrencies has fallen below $1 trillion, levels not seen since…

Benzinga

Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil

Bank says it will pause rollout of app-based trading of assets like bitcoin and Ethereum pending further regulation

The Guardian - AU

Crypto.com Restarts Card Rewards After Community Backlash And Cronos (CRO) Crash

Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened:…

Benzinga

Ethereum Whale Buys 2 Trillion Shiba Inu For $48M

An Ethereum (CRYPTO: ETH) whale was seen snapping up $48 million worth of Shiba Inu (CRYPTO: SHIB) tokens.

Benzinga

Nicholas Goldberg: When bathrooms have naming rights, has branding gone too far?

LOS ANGELES — It took me a few moments standing there outside the bathrooms at the Music Center in downtown…

Los Angeles Times

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Sports Entertainment Leader UFC Begins Paying Fighter Bonuses In Cryptocurrency

MMA promotion Ultimate Fighting Championship (UFC) through its partnership with digital currency exchange Crypto.com has begun paying its fighters’ bonuses…

Forbes

UFC adds Fan Bonus of the Night for fighters to be paid in bitcoin

Beginning with UFC 273, the promotion will pay fighters competing on pay-per-view events $60,000 worth of bitcoin bonuses.

USA Today Sports Media Group

Dubai’s New Crypto Law Attracts Bybit And Crypto.com To Set Up Local Offices

Dubai’s approval of a new law that regulates virtual asset businesses in early March has already attracted the likes of…

Forbes

Crypto.com Makes a Bold Bet That Will Surprise Sports Fans

The crypto exchange has just teamed up with one of the most popular sports on the planet.

The Street

2 Crypto Companies Are Spending Massive Amounts On Sports Sponsorships: 6 Of The Biggest Deals

Venture capitalists spent a record $33 billion on crypto and blockchain startups in 2021, more than all prior years combined, according…

Benzinga

This Crypto Company Has Become An Official Sponsor Of FIFA World Cup 2022

Singapore-based Crypto.com has signed a deal with soccer's world governing body FIFA to be the exclusive cryptocurrency trading platform sponsor for the Qatar World…

Benzinga