The crypto industry secured the naming rights to the arena for $700 million.
(Photo: AP)
new York Kris Marszalek downplays the incident. “We invest heavily in cybersecurity and have more than 200 experts who have built up a very robust infrastructure over the past few years,” the CEO of crypto exchange Crypto.com assured Bloomberg TV on Wednesday. Nevertheless, digital currencies have been stolen from around 400 customers. But the trading platform has already ensured that they were “fully compensated”. And given the total of ten million users, 400 are “not material”.
The incident should be resolved as soon as possible. Because Crypto.com is actually on a major expansion course, especially in the USA. The Singapore-based company describes itself as the “fastest-growing crypto exchange” and is the fourth-largest digital currency trading platform in the world, according to Bloomberg.
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