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.

 

The move to lower rewards was not well received by the community. The crypto exchange’s native token Cronos (CRYPTO: CRO) fell by more than 17% on the day.

You really dropped the ball there, @cryptocom

A lot of people stuck in your 6 month staking now suffer from the decline in value of the …

Full story available on Benzinga.com

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