
Quick Take: Crypto.com Faces Backlash After Approving Minting of 70 Billion CRO Tokens
Crypto.com, a prominent cryptocurrency exchange, is under intense scrutiny after a last-minute governance proposal to mint 70 billion new CRO tokens was approved. The proposal impacts Cronos, a blockchain developed by Crypto.com to support decentralized finance (DeFi) and web3 applications. Quick Take delivers key facts fast—concise, clear, and easy to read. Perfect for busy readers. Key…