Cryptocurrency News Today TheBitTimes.com

The Cronos crypto price surged more than 57% in the last 24 hours to trade at $0.3519 as of 6 a.m. EST on a 129% pump in daily trading volume to $2.36 billion. The CRO price soared to the highest level in three years after a deal with Trump Media and Crypto.com was unveiled yesterday, and following the launch of Cronos’ 2025–2026 roadmap. In a joint announcement on Aug. 26, the companies revealed plans to launch the Trump Media Group CRO Strategy, backed by $1 billion in CRO tokens, $420 million in cash and warrants, and a $5 billion credit line from a Yorkville affiliate. This would make it the first and largest publicly traded CRO treasury company, and potentially the largest digital asset treasury company by market cap ratio in history. Trump Media has purchased $105 million worth of CRO, while Crypto.com acquired $50 million worth of Trump Media shares, according to CEO Kris Marszalek. CRO will further serve as a utility token for Truth Social, Trump Media...

Crypto.com, a global cryptocurrency exchange, and BENEFIT, the leading financial technology (fintech) provider in Bahrain, have entered into a dialogue to strengthen the Bahraini fintech ecosystem, as disclosed to Finbold on Tuesday , October 15.   The two companies signed a Memorandum of Understanding (MOU) at Bahrain’s Fintech Forward event on October 3, 2024, setting the stage for a potential future partnership.  Strengthening Bahrain’s fintech ecosystem BENEFIT brings its extensive experience as the largest financial transaction network in the country, while Crypto.com leverages its global reputation as a leading crypto trading platform.  Picks for you Recession alert: ‘Black Swan’ author warns market more fragile than before 2008 10 mins ago ...

Crypto.com says the campaign targets high net worth traders and will offer an uncapped 1% deposit bonus on eligible tokens and fiat currency. The campaign period is from February 8, 2024 to April 7, 2024. Crypto.com Prime membership is currently invite-only. Crypto.com has introduced a launch campaign offering exclusive privileges for high net worth traders opting into the crypto exchange’s recently introduced Crypto.com Prime programme. According to Crypto.com, high net worth traders opting into Prime will also enjoy near-zero trading fees and benefit from the exchange’s $1 million account protection. Prime also offers access to institutional-grade trading tools, a dedicated relationship manager and bespoke inheritance and tax services. The programme is currently invite-only and runs from February 8, 2024 to April 7, 2024. To participate, high net worth traders will have to activate their Prime membership after receiving an invitation. Crypto....

Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s quite evident that crypto had one of its worst years in 2022. The cascading collapse of two industry giants, Terraform Labs (responsible for LUNA and UST) and FTX, drove one of the harshest crypto winters in recent history. It eventually led to many bankruptcies, layoffs, and shutdowns across the market. So, 2023 mostly saw the fallout from the previous years, as the major bankruptcy proceedings from previous market leaders like Celsius, Voyager, Three Arrows Capital (3AC), BlockFi, and FTX progressed into different stages. Still, some notable crypto bankruptcies and exchange failures made it into the news. Let’s take a look at the list of crypto bankruptcies and failures of 2023. Notable crypto bankruptcies Genesis The year 2023 began under a cloud for the crypto currency sector, with Genesis, a prominent crypto lending subsidiary of Digital Curren...