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Showing posts with the label Coinmarketcap

Only Binance and Bitfinex do not fake trading volumes among the 25 largest exchanges

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In the history of cryptospace there was a lot of deception and scandals that were associated with counterfeit trading volumes on exchanges. Most recently, the Blockchain Transparency Institute (BTI) published a research report stating that most of the top 25 leading crypto exchanges provide excessive data on trading volumes on their platforms and that only Bitfinex and Binance disclose accurate information. The report says that 87% of these companies actually fake such data. The report says that CoinMarketCap also does not provide reliable information, and that "data from 11 out of 25 exchanges [at CoinMarketCap] are rigged by 99%." It is also indicated that the data on the trading volumes of major exchanges such as Huobi ... Read more about " Only Binance and Bitfinex do not fake trading volumes among the 25 largest exchanges " on coinatory.com

Bitcoin Cash is rarely used

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Contrary to the statements of Bitcoin Cash supporters who promised to create a better version of bitcoin, which will be popular as a payment tool, the cryptocurrency is barely used in commercial transactions. This is written by Bloomberg referring to the analysis of the Chainalysis company. A study of 17 major processing services, such as BitPay, Coinify, and GoCoin, showed that the volume of payments using Bitcoin Cash fell to $ 3.7 million in May after reaching a peak at $ 10.5 million in March. With the help of bitcoin in May, payments ... Read more about " Bitcoin Cash is rarely used " on coinatory.com

Crypto exchange from the top 10 will open an office in Malta

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The island state became the center of attraction of the world"s largest sites for the cryptocurrency trade. Crypto exchange ZB.com, which is included in the top 10 sites by the cryptocurrency trade turnover, announced its intention to open an office in Malta. On the "island of Blockchain", as informally call this state not only the representatives of the crypto community but also the policy of the country itself, the Chinese crypto exchange is going to conduct its operational activities. We are talking about the servicing of transactions ... Read more about " Crypto exchange from the top 10 will open an office in Malta " on coinatory.com