- Crypto.com has since backtracked on its decision to fully end staking rewards, where card users locked up CRO for a 180-day period to earn yields.
- “Instead of eliminating card staking earn rates completely, we will offer a more balanced approach: 8% APY for Private Members (Obsidian, Icy White, and Frosted Rose Gold) 4% APY for Royal Indigo and Jade Green card holders,” Marszalek said in a tweet on Tuesday morning, referring annual percentage yield.
- CRO is down 10% in the past 24 hours, but showed a slight recovery during Asian trading hours on Tuesday after Marszalek’s tweet, CoinGecko data shows.
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