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The Latest Breaking News from Kris Marszalek

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

Crypto.com's name is all over the 2022 World Cup. Will it be around for the next one?

Crypto.com issued a report to reassure customers and the public its finances are just fine. Is that enough?

Fortune

What do we know so far about collapse of crypto exchange FTX?

How did Sam Bankman-Fried’s FTX fail and what does the firm’s fate tell us about cryptocurrencies?

The Guardian - UK

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‘We’ll prove them all wrong.’ Crypto backers defend sector in the wake of FTX crash

Cryptocurrency could survive the current downturn, but even industry backers say regulators need to step in.

Fortune

Matt Damon Crypto.com's Coin Is in Free Fall

Crypto.com's CRO token is down 41.6% over the last seven days.

The Street

Crypto.com’s sinking token stirs fresh anxiety after FTX wipeout

The one constant in digital assets right now is fear and its latest object is Crypto.com, an exchange whose sponsorship of sports like Formula One racing and the soccer World Cup have popularized its brand.

The Times of India

Crypto.com Quietly Cut Hundreds of Jobs

The lack of transparency of the platform raises many questions at a time when crypto is going through a tough patch.

The Street

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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 February 2021.

Benzinga

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: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce the rewards on its visa-based cards.

Benzinga

Crypto.com CEO Confirms 400 User Accounts Hacked For Over $33M

Kris Marszalek, CEO of crypto exchange Crypto.com, confirmed the suspicious activity reported on Jan. 17 was indeed a hack that compromised more than 400 customer accounts.

People

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