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[A simple review of the CRO governance farce: Issuing 700 billion tokens out of thin air and abusing the "veto power"]
Crypto.com and its affiliated blockchain Cronos have recently staged one of the most absurd governance farces in the history of blockchain - 70 billion tokens (the current total supply of CRO is 30 billion) were issued out of thin air, and despite the strong opposition from retail investors, the community's voice became a complete joke in the face of the official "veto power".
The cause: The official proposed to re-issue 700 billion tokens
The incident...

Issuing 70 billion tokens out of thin air and abusing the "veto power" - a brief review of the CRO governance farce

The platform, called LaunchLab, comes less than a month after news broke that pump.fun was developing an AMM of its own

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Bybit, the cryptocurrency exchange, has announced that it will delist seven Tokens from its platform. This change will take effect at 8:00 AM UTC on 21/03/2025.
After this announcement, the prices of the Tokens...

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