Home Cryptocurrency News Crypto.com: December 2021 Updates

Crypto.com: December 2021 Updates

Jan 04, 2022 comments off

We said goodbye to 2021 in true Crypto.com style, capping off the year with several major milestones, highlighted by the official launch of the Crypto.com Arena (formerly Staples Center) and the creation of a limited-edition NFT to celebrate the occasion.

This month, we continued to scale our presence in the U.S.: the App now supports Instant Deposit for U.S. users, and we acquired Nadex and the Small Exchange, making it possible for us to quickly expand derivatives and futures products in the country.

Cronos has made significant progress since its launch, reaching 1.9 billion TVL, 69 projects, and over 9 million transactions so far. It launched an IBC channel that links to Cosmos Hub, facilitating cross-chain ATOM transfers, among other tokens.

The Crypto.org Chain and Cronos Chain have also released new binaries and pursued several network upgrades. Meanwhile, Cronos’s incentivised testnet event, Cassini, led to the completion of 15 million transactions and the proposal of 200,000 blocks.

We also launched The Mane Net to provide Loaded Lions NFT hodlers with contests, VIP experiences, airdrops, and other utilities.

On the product side, we launched several new features and upgrades, including Crypto Dust Conversion, the One-Cancels-the-Other order type, and increased fiat bank transfer limits on the Exchange. For VIPs and institutions, we introduced exclusive Soft Staking rewards and lowered the minimum trading amount for the OTC Portal.

Lastly, our Fortune Favors the Brave global campaign released the new Kiss Vignette, and airdropped Crypto.com Mars NFTs to the lucky few who discovered a hidden QR code in the #FFTB ad.

Here are all the highlights from the month of December:

Highlights:

Crypto.com Arena Opening Night

On Christmas Day, the world’s most iconic arena officially took on a new name: Crypto.com Arena. To commemorate opening night, we’ve created a limited-edition NFT. Learn more here.

Fortune Favors the Brave Global Campaign: Kiss Vignette

Our #FFTB global campaign continues with a new scene: Kiss Vignette, inspired by four simple words that have been whispered by the intrepid since the time of the Romans.

See the film: https://www.youtube.com/watch?v=EaIk5tB5D0U

Mars NFT Announcement

Starting from 28 December, the exclusive Mars NFT collection will be airdropped to the lucky few who discovered a hidden QR code in the #FFTB Film. Learn more here.

Crypto.com Becomes a Gold Member of the Singapore Blockchain Innovation Programme

Crypto.com is now supporting the Singapore Blockchain Innovation Programme (SBIP) as a Gold Member. Learn more here.

Crypto.com Acquires Nadex and the Small Exchange From IG Group

Crypto.com has executed a sale and purchase agreement to acquire the North American Derivatives Exchange® (Nadex®) and the Small Exchange. The acquisitions will enable Crypto.com to provide its U.S.-based customers with the opportunity to trade certain derivatives and futures products. Learn more here.

Crypto.com Presents #YearinCrypto

2021 was truly one for the crypto history books—filled with new top gainers and all-time highs. We invited users to revisit 2021 by checking out their #YearinCrypto, where they could view personalised stories based on the coins and trades they made. Learn more here.

Crypto.com Joins L.A.’s Angel City Football Club (ACFC) as a Founding Partner

We’re now a founding partner and the official cryptocurrency and NFT partner of the ACFC. Deepening the relationship with Los Angeles and its sports fans, the partnership is the first direct sponsorship of a professional women’s sports team by a major cryptocurrency platform. More details here.

Crypto.com Expands Free Crypto Tax Tool to Germany

We’re excited to share that Crypto.com Tax is now available to users in Germany, in addition to the U.S., Canada, Australia, and the U.K. More details here.

Crypto.org Chain Updates:

Draco — Phase II of the Crypto.org Chain Is Now Live

Draco will support native token issuance on the Crypto.org Chain via IBC solo machines. Learn more here

New Features on the Crypto.org Chain Desktop Wallet

The Crypto.org Chain Desktop Wallet introduced the DApp Browser, allowing users to connect with DApps without having to leave the Desktop Wallet. The first DApp supported is VVS Finance on Cronos, with more on the way. More details here.

Crypto.org Chain Dev Update 17

We recently released the new binaries for the Crypto.org Chain and Cronos Chain, with several other network upgrades in the works. Learn more here.

Crypto.com App Updates:

Crypto.com App Now Offers Instant Deposit to U.S. Users

Instant Deposit via ACH is now available to App users in the U.S. This feature allows users to connect their bank account to the Crypto.com App, and get access to deposited funds immediately to make crypto purchases. More details here.

Exploration and Learning Missions Added to the Crypto.com App’s Reward Programme

Double Defense and Scam Shield have been added to the Missions feature. Crypto.com App users can earn Diamonds when they enable 2-Factor Authentication and create an Anti-Phishing Code. Users can also complete a Mission by reading an article in Crypto.com University. Stay tuned for more exciting Missions and rewards.

Crypto.com App Integrates With Myinfo for Faster and Simpler Sign-Ups

Singapore residents can now enjoy a faster and simpler sign-up process for the Crypto.com App via Singpass. They can retrieve data from Myinfo by logging in with their Singpass, and use it to fast-track the identity verification process. Learn more here.

Crypto.com App Lists 15 Tokens

BICO, IMX, HOD, OXT, GODS, JASMY, ANY, TRU, SPELL, PYR, SUPER, RADAR, JOE, CVX, and AP13 have joined the growing list of 250+ cryptocurrencies and stablecoins that are available in the App. Buy crypto at true cost now.

New Deposit and Withdrawal Tokens

SDN, IMX, HOD, OXT, GODS, JASMY, ATOM (Cronos), HBAR, SUPER, RADAR, BICO, ENJ, RUNE (BEP2), and ELON (Cronos) deposits and withdrawals are now supported in the App.

New Trading Pairs

LUNA/ETH and ONE/ETH are now supported in the App. Buy crypto at true cost now.

Crypto Credit Now Supports AVAX, KLAY, LUNA, and SOL

Users can now deposit AVAX, KLAY, LUNA, and SOL as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. More details here.

Get Up to 3% p.a. on VVS Finance (VVS) With Crypto Earn

Users can now enjoy up to 3% p.a. interest on their VVS deposits. Crypto.com Private users are entitled to bonus interest of up to 5% p.a. More details here.

Crypto.com Price Updates:

Crypto.com Price Launches the Telegram Price Bot

Users can now check the prices of their favourite tokens via Telegram anytime they want. Check it out at Crypto.com/Price.

Crypto.com Price Introduces the NFT Collections Page

It is now easier than ever to keep track of the most anticipated drops. Check it out at Crypto.com/Price.

Crypto.com Pay Updates:

Crypto.com Pay x Cronos

We are pleased to announce that Crypto.com Pay now supports the Cronos network from any wallet. With this integration, users can pay using CRO, ETH, and USDC on Cronos. More tokens will be supported soon. More details here.

Crypto.com DeFi Updates:

Crypto.com DeFi Wallet Integrates With VVS Finance Swap

Crypto.com DeFi Wallet is the first wallet to support VVS Finance natively. Users can seamlessly swap Cronos tokens directly via the built-in Swap function in the DeFi Wallet app (requires V1.23.0 or above). More details here.

Crypto.com DeFi Wallet Adds 22 New ERC20 Tokens

PEOPLE, KEYS, FROGGIES, MCC, REU, BTV, DORA, IMX, GODS, JASMY, ARV, ANY, SPELL, API3, SGE, VRX, RADAR, CLIFF, EDU, SINU, AAC, and SRN have joined the growing list of 200+ DeFi tokens that are available in the DeFi Wallet App. Deposit now.

Crypto.com DeFi Wallet Adds 22 New BEP20 Tokens

LKT, GM, SLD, DGA, THG, EMPIRE, ANN, CPAN, ZUKI, SIN, HERO, PETS, PIZA, ZIL, LLG, GALA, ELEF, RHT, HPAD, PAPPAY, NYT, and MOWA have joined the growing list of 200+ DeFi tokens that are available in the DeFi Wallet App. Deposit now.

Crypto.com DeFi Wallet Adds 6 New Cronos Tokens

ATOM, DOGE, LINK, TONIC, ENJ, and ELON have joined the growing list of 200+ DeFi tokens that are available in the DeFi Wallet App. Deposit now.

Crypto.com Exchange Updates:

RUNE Exclusive Campaign

Exchange users have the chance to win a share of the prize pool worth USD 50,000 in RUNE by depositing and trading the token from 23 December 2021 to 7 January 2022. Campaign details here.

Exclusive Soft Staking Rewards Now Available for Retail VIPs and Institutional Users

Retail VIPs and institutional users can now enjoy exclusive Soft Staking rewards and higher APR of up to 12% for select tokens in the Crypto.com Exchange. Soft Staking allows users to earn rewards simply by holding a balance in their Exchange account. More details here.

One-Cancels-the-Other (OCO) Order Type Is Live in the Crypto.com Exchange

The OCO order type is now available for Spot and Margin Trading. OCO orders enable users to perform trade automation during up and down market movements, so they can effectively take profits and mitigate potential risks. Learn more here.

Exchange Reduces Minimum Trading Amount for the OTC Portal

The minimum trading amount for OTC block trades has been lowered to USD 50,000. All institutional and retail VIP clients can now get instant and custom quotes on block trades for over 10 trading pairs, namely BTC/USDT, ETH/USDT, ADA/USDT, XRP/USDT, SOL/USDT, BTC/USDC, ETH/USDC, ADA/USDC, XRP/USDC, and SOL/USDC. Trade in large blocks with competitive rates now.

Crypto.com Exchange Launches BTC and ETH Monthly Futures

February Monthly ETHUSD and BTCUSD Futures Contracts are now available in the Crypto.com Derivatives Exchange, in addition to January Monthly Futures, Q4 Futures, and 2022 Q1 Futures. Users can settle in USDC, control their account leverage, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. More details here.

Crypto.com Exchange Launches BTC and ETH Quarterly Futures

Q2 ETHUSD and BTCUSD Futures Contracts are now available in the Crypto.com Derivatives Exchange, in addition to January and February Monthly Futures, Q4 Futures and 2022 Q1 Futures. Users can settle in USDC, access adjustable leverage, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. More details here.

New Perpetual Contracts Are Now Available in the Crypto.com Exchange

The SHIBUSD, ENSUSD, and CHRUSD Perpetual Contracts are now available in the Crypto.com Exchange. Traders can use USDT, USDC, and DAI as collateral, access leverage of up to 100x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. More details here.

New Leveraged Pairs Added to Margin Trading on the Crypto.com Exchange

Margin Trading now supports new leveraged pairs, namely GALA/USDT, XYO/USDT, ILV/USDT, EPS/USDT, KAVA/USDT, IOTX/USDT, MIR/USDT, QI/USDT, RNDR/USDT, DAR/USDT, and MATIC/USDC. Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements and access up to 10x leverage for supported trading pairs. More details here.

New Listings on the Exchange

We listed HOD, IMX, BOND, NMR, OXT, POWR, GODS, JASMY, POLS, BICO, HBAR, SUPER, RADAR, and ANY on the Exchange. Trade them now.

New Deposit and Withdrawal Tokens

RUNE (BEP2), ATOM (Cronos), HBAR, SUPER, LINK (Cronos), USDC (AVAXC), ENJ (Cronos), ELON (Cronos), and IQ (EOS) deposits and withdrawals are now supported in the Exchange. Trade them now.

New Trading Pairs

The SAND/USDC, FLOW/USDC, XYO/USDC, SPELL/USDC and DERC/USDT  trading pairs are now available. Trade them now.

Cronos Updates:

Cronos Incentivised Testnet Results

Cassini, the Cronos Incentivised Testnet, has successfully concluded with builders and testers completing over 15 million transactions and proposing 200K blocks. Participants had the opportunity to compete against each other while completing tasks according to the Cassini official rules. Learn more here.

Cronos Launches IBC Channel to Cosmos Hub

We are excited to announce the launch of an IBC channel between Cronos and Cosmos Hub to facilitate cross-chain ATOM token transfers in a decentralised manner. More details here.

Cronos Ecosystem Grants

We’re very excited to announce the official launch of Cronos Ecosystem Grants. Learn more about what it entails, the requirements, and how to apply here.

Crypto.com NFT Updates:

Crypto.com NFT Drops in December

Here are the Crypto.com NFT drops from December:

  • “Honda’s Helmets” – 6Foot4Honda
  • “Powerful Portraits” – gervisuals
  • “The Ecstasy Series” – Laprisamata
  • “Other Worlds” – Caitlyn Grabenstein
  • “Leaders of the Metaverse” – Sameer Baloch
  • “Broken Heart” – ACHILLE LAURO
  • “​​The Witnesses” – AFTERFUTURE
  • “Forever” – Rank SSS
  • “Murda Beatz NFT Collection” – Murda Beatz
  • “UFC 269” – UFC
  • “Cryptoverse Collection #3 – Miner Mole (VVS)” – Crypto.com
  • “Mélység” – VA Lokos
  • “Heavy Metal Presents: Krampus Games” – Heavy Metal
  • “76ers Legacy 03: W’s” – Philadelphia 76ers
  • “PsychoKitties: The New Era” – Ugonzo Art
  • “Black Santa: Giving Has No Season” – blacksanta
  • “Quantum Landscapes” – lacabezaenlasnubes
  • “Cryptmas Bingo” – Crypto.com
  • “CryptoAngels Collection 1: CryptoAngels on Earth” – CryptoAngels
  • “Mohammad Amir” – DeFi The Game
  • “Welcome to Cybertown” – Jun
  • “76ers Legacy 04: Buckets” – Philadelphia 76ers
  • “Atlético Brazilian Champions” – Atletico_Mineiro
  • “A Stars Phantasma” – Rosco Adrian
  • “Whale Life” – Barbara Redekop
  • “Satori Moon” – Fifi Rong
  • “CyberSquadUniverse” – Kaan Asici
  • “Cyberspace Tales Of The Past” – Nibera

Don’t miss out. Check out the latest drops on Crypto.com/NFT.

Crypto.com Capital Updates:

Crypto.com Capital Invests in BlockchainSpace and YGG SEA

Crypto.com Capital is proud to participate in funding rounds for BlockchainSpace, and YGG SEA to support their journey.

Community Updates:

Crypto.com Attends European Blockchain Convention

Our COO Eric Anziani and EVP, Operations Mariana Gospodinova joined the European Blockchain Convention. More details here.

Crypto.com Attends TAB Radio Finance Live Interview

Our COO Eric Anziani spoke at TAB Radio Finance Live Interview. Missed it? Watch it here.

AMA With XYO

We hosted a live AMA with Markus Levin, Co-founder of XYO, on 21 December to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

Crypto.com Is Accredited and Featured on 8 Protocols’ Official Websites

Crypto.com was accredited and featured on the official websites of eight protocols, namely Belt Finance, MATH, X World Games, GoCrypto, My Master War, Dose, TrustVerse, and Kambria.

Crypto.com Price Widgets Are Integrated With 22 Token Websites

Crypto.com Price Widgets were integrated with 22 token websites to expand their reach.

21 Tokens’ RSS News Feeda Successfully Integrated With Crypto.com Price

Crypto.com Price was successfully integrated with the news feeds of 21 tokens, enabling users to gain first-hand updates from these projects.

Crypto.com Supports 7 Mainnet Upgrades

Crypto.com supported network upgrades for Tezos, Theta, Crypto.org Chain, Stacks, Flow, Ethererum, and Cosmos in December.

Events of the Month:

Cryptmas Bingo Packs

To celebrate the holiday season, we dropped 5,000 “Cryptmas Bingo Pack” NFTs and gave away USD 200,000+ of CRO and exclusive NFTs to the winners. Campaign details here.

IMX Exclusive Campaign

Crypto.com App users had the chance to win a share of the USD 100,000 prize pool by trading IMX. Campaign details here.

DeRace x Crypto.com Giveaway

We gave away 5 DeRace NFT horses to users who traded at least USD 200 of DeRace (DERC) in the Crypto.com App. Campaign details here.

Crypto.com Pay x CoolBitX Christmas Promotion

Crypto.com teamed up with CoolBitX for an exclusive Christmas promotion. ​Users could save USD 20 on the Crypto.com-branded CoolWallet Pro when they used promo code ‘CRYPTO20’ between 15 and 22 December 2021. More details here.

Crypto.com Overtaker of the Race Contest: SaudiArabianGP Edition

Users who made a prediction of who will make the most on-track overtakes at the Formula 1 STC Saudi Arabian Grand Prix 2021 won exclusive prizes. Campaign details here.

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