Crypto.Com removes DOGE, SHIB, and more from Crypto Earn

Crypto companies and DeFi protocols were hit badly in June 2022.

After the Terra Luna collapse, first Coinbase announced job cuts, followed by Bybit and Crypto.com, and then the Celsius network froze all network withdrawals.

This week, Crypto.com is in further turmoil after removing 15 cryptocurrencies from its Crypto Earn rewards programme.

Dogecoin, Shiba Inu, Tezos, FLOW, Zilliqa, Fantom, and NEAR Protocol are among tokens removed from the rewards protocol.

Reward rates for other cryptocurrencies like Bitcoin, Ethereum, Polygon, Avalanche, and Solana remain unchanged.

Crypto.com hasn’t revealed the reason for the removals.