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Factoring into FTX's downfall was its reliance on its own token, FTT, to shore up its balance sheet and that of sister firm Alameda Research. The asset plunged in value and dragged down Bankman-Fried's crypto empire with it. Crypto.com, for its part, has a token too, called cronos. Cryptocom adjustment credit Hello there. Feel free to reach out to us via the in-app chat or at [email protected], so we can take a look and advise you accordingly on the matter. Please do not hesitate to contact us if you have any concerns about our services or to clarify any misunderstandings.
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(e) first-to-default credit derivatives may be recognised as eligible unfunded credit protection, but second-to-default or more generally nth-to-default credit derivatives shall not be recognised as eligible unfunded credit protection.’; How to Calculate Aggregate Adjustments Crypto exchange Crypto.com announced severe reductions to Cronos (CRO) staking rewards for most tiers of its VISA prepaid card, which has forced the token price to fall around 30% in less than a week.