paint-brush
Issues from CoinMarketCap's Listing Incentives with Smaller Crypto Projects Persistby@Miah
591 reads
591 reads

Issues from CoinMarketCap's Listing Incentives with Smaller Crypto Projects Persist

by Sal Miah5mOctober 8th, 2019
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

A recent report by Bitwise exposed how reported trading volumes and market caps on various crypto exchanges were false. CoinMarketCap responded to the report by confirming that some of the data hosted on its platform was inaccurate. Now, various small projects are accusing the platform of deliberately undermining smaller projects while wrongly reporting results of larger projects. Exchanges are aware of such practices in the market; however, they choose not to do anything as seen in the case of CMC. CMC failed to adequately address the issue despite promising to make the necessary changes.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Issues from CoinMarketCap's Listing Incentives with Smaller Crypto Projects Persist
Sal Miah HackerNoon profile picture
Sal Miah

Sal Miah

@Miah

Crypto & MMA Enthusiast. #freshgraphics #topbitcoinbeliever 👻👽

L O A D I N G
. . . comments & more!

About Author

Sal Miah HackerNoon profile picture
Sal Miah@Miah
Crypto & MMA Enthusiast. #freshgraphics #topbitcoinbeliever 👻👽

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Muckrack
Com
Tefter
Tefter
Cryptofans
Blogspot