Tag: CRO

  • Crypto.com Under Fire for Minting $5 Billion in CRO

    Crypto.com Under Fire for Minting $5 Billion in CRO

    Crypto.com is facing intense scrutiny after approving a controversial proposal to mint 70 billion CRO tokens, worth approximately $5 billion. The decision has sparked fears over the exchange’s financial stability, especially as it has not released an updated audit since 2022. Reversing a Key Token Burn In 2021, Crypto.com burned a significant portion of CRO…