The one constant in digital assets right now is fear and its latest object is Crypto.com, an exchange whose sponsorship of sports like Formula One racing and the soccer World Cup have popularized its brand.
The anxiety stems from a question that barreled out of the disorderly collapse into bankruptcy of Sam Bankman-Fried’s crypto exchange FTX: namely, who is really safe? Such worries, well-founded or not, contributed to a $1 billion slide in Crypto.com’s native token Cronos in the past week.
