11-17-2022, 10:42 PM
Despite having millions withdrawn in the past few days, there is seemingly still no
<!-- SC_OFF --><div class="md"><p>Fear in the market over the past two weeks is the highest it's been for a long time. The unprecedented level of funds withdrawn has put a lot of pressure on the exchanges. </p> <p>Crypto.com is far from perfect - they've nerfed reward after reward, perk after perk all year. And as someone who does have a VISA card with them, I have been ruthless about my level of dissatisfaction, especially in their main sub. It really p....d me off to lose my staking rewards. </p> <p>In a rush to prove their ability to meet client demands, they released their wallets, and one dude found a mistake that they made weeks earlier. Cue Crypto-Twitter and a new massive wave of "They are cheating the system. Are they the next exchange to go under? They blew all their money on sporting arenas" ...that last one was from me. </p> <p>The CEO came out and admitted, yeah it was a transfer mistake weeks ago, but we fixed it already, chill. </p> <p><em>...Now, I do get that taking the word of a crypto CEO these days is like asking a toddler to promise not to eat the chocolate cake he's holding.</em></p> <p>Yet, this week. Despite there being massive levels of withdrawals, like in the hundreds of millions of dollars, a falling price of their CRO token, and people freaking out, the app and funds are ...still fine?</p> <p>People have been able to withdraw whenever needed, and the campaign has apparently shifted to another exchange now.</p> <p>Even I, who have slammed them repeatedly, has to admit, they might have got this one right.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gnarley_quinn"> /u/gnarley_quinn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxkvxw/despite_having_millions_withdrawn_in_the_past_few/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxkvxw/despite_having_millions_withdrawn_in_the_past_few/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Fear in the market over the past two weeks is the highest it's been for a long time. The unprecedented level of funds withdrawn has put a lot of pressure on the exchanges. </p> <p>Crypto.com is far from perfect - they've nerfed reward after reward, perk after perk all year. And as someone who does have a VISA card with them, I have been ruthless about my level of dissatisfaction, especially in their main sub. It really p....d me off to lose my staking rewards. </p> <p>In a rush to prove their ability to meet client demands, they released their wallets, and one dude found a mistake that they made weeks earlier. Cue Crypto-Twitter and a new massive wave of "They are cheating the system. Are they the next exchange to go under? They blew all their money on sporting arenas" ...that last one was from me. </p> <p>The CEO came out and admitted, yeah it was a transfer mistake weeks ago, but we fixed it already, chill. </p> <p><em>...Now, I do get that taking the word of a crypto CEO these days is like asking a toddler to promise not to eat the chocolate cake he's holding.</em></p> <p>Yet, this week. Despite there being massive levels of withdrawals, like in the hundreds of millions of dollars, a falling price of their CRO token, and people freaking out, the app and funds are ...still fine?</p> <p>People have been able to withdraw whenever needed, and the campaign has apparently shifted to another exchange now.</p> <p>Even I, who have slammed them repeatedly, has to admit, they might have got this one right.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gnarley_quinn"> /u/gnarley_quinn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxkvxw/despite_having_millions_withdrawn_in_the_past_few/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxkvxw/despite_having_millions_withdrawn_in_the_past_few/">[comments]</a></span>