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CoinMarketCap wants to give its users more tools to weed out fake volumes
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Quick Take
- CoinMarketCap, the proprietor of crypto exchange trading data, came under fire recently for publishing what many say is fake volume
- In an interview with The Block, the firm outlined how it is trying to make its product more reliable
‘Twas the report heard ’round the crypto world: Bitwise’s gangbuster reveals that 95 percent of reported trading volumes in the crypto market are fake. Bitwise’s claims, which were reported to the U.S. Securities and Exchange Commission, triggered debates in the crypto community over the poor state of data — with one of the largest data […]
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