How Coinmarketcap Incentivizes Exchanges to Report Fake Volume

How Coinmarketcap Incentivizes Exchanges to Report Fake VolumeBitforex, a cryptocurrency exchange that scarcely scraped the top 100 by trading volume until recently, has been accused of generating false trades on a mammoth scale. Crypto Exchange Ranks, which pulls in open source data from exchange APIs, has published a report in which it accuses Bitforex of creating fake volume and Coinmarketcap (CMC) of […]

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