Merit Circle completes token swap, rebranding to Beam
Merit Circle completes token swap, rebranding to Beam
Merit Circle has successfully completed the token swap, redenomination, and rebranding to Beam. The reissued token, BeamX, has been given to Merit Circle holders at a ratio of 1:100. Trading of BeamX has now resumed.
🚨 Crypto.com has completed the Merit Circle ($MC) token swap, redenomination, and rebranding to Beam ($BEAMX) 🚨 ℹ️ $BEAMX has been reissued to $MC holders at a 1:100 ratio of $MC to $BEAMX ✅ Trading of $BEAMX has resumed. @BuildOnBeam
🚨Crypto.com will be supporting the Merit Circle ($MC) token swap and rebranding to Beam ($BEAMX) 🚨 ℹ️ $MC will be delisted from the Crypto.com App and Exchange and $BEAMX will be reissued to holders at a later date. @MeritCircle_IO @BuildOnBeam
Crypto.com Supports GLMR and MOVR Migration to Base Network
Crypto.com has announced support for the Moonbeam (GLMR) and Moonriver (MOVR) chain migration to Base network. **Key Details:** - Deposits and withdrawals for GLMR and MOVR remain available until **July 23** - Tokens will be migrated to Base network at a **1:1 ratio** - Trading continues uninterrupted during the migration process - Migration affects both the Crypto.com App and Exchange Users holding GLMR or MOVR on the platform will have their tokens automatically converted to the Base network equivalent. The migration represents a significant infrastructure change for both Moonbeam Network tokens. Full migration details: [crypto.com/product-news/glmr-movr-chain-migration](https://crypto.com/product-news/glmr-movr-chain-migration)
Crypto.com Completes Myro Contract Swap on Solana
Crypto.com has successfully completed the Myro (MYRO) contract swap on the Solana network for its users. **Key Details:** - The migration affects MYRO token holders on the platform - Contract swap is now live and operational - Users can continue trading with the updated contract The completion of this technical upgrade ensures continued support for the Solana-based memecoin on the exchange platform.
Crypto.com Secures $400M Investment from Citadel Securities
Crypto.com has received a $400 million strategic investment from Citadel Securities, one of the world's leading market makers. This partnership marks a significant collaboration between traditional finance and the crypto industry. The investment strengthens Crypto.com's position in the market and signals growing institutional confidence in digital assets. **Key implications:** - Major capital injection from established Wall Street firm - Potential for enhanced liquidity and trading infrastructure - Validation of crypto platforms by traditional finance players The deal represents one of the larger strategic investments in the crypto exchange space this year. [Read the full announcement](https://crypto.com/us/company-news/cryptocom-announces-400-million-strategic-investment-from-citadel-securities)
Crypto.com Expands Limit Orders to 330+ Tokens
Crypto.com has expanded its limit order functionality to support over 330 tokens. This feature allows users to set specific price points at which they want to buy or sell cryptocurrencies. **Key Points:** - Growing token support now exceeds 330 assets - Limit orders enable automated trading at predetermined prices - Feature available through the Crypto.com platform Users can access the limit order feature directly through the platform to set their preferred trading parameters. [Learn more about Crypto.com Limit Orders](https://crypto.com/product-news/crypto-com-limit-orders)
🗳️ Kentucky Called, Texas Up Next
**Kentucky election results are in**, with attention now shifting to Texas as the next key political battleground. Crypto.com Predict is offering users the ability to **trade on political outcomes**, allowing participants to speculate on election results through their platform. This represents the growing intersection of **prediction markets and cryptocurrency**, where users can leverage blockchain technology to bet on real-world political events. [Trade political outcomes on Crypto.com Predict](https://crypto.com/predict)