• Binance buys CoinMarketCap
    Commentary,  Cryptocurrencies

    Binance buys CoinMarketCap, raising skepticism and doubts

    From an eyewatering reported price tag of $400 million to concerns about whether the crypto ratings site can maintain its neutrality, Changpeng ‘CZ’ Zhao’s latest purchase is raising eyebrows

    Binance CEO Changpeng "CZ" Zhao reportedly spent as much as $400 million on CoinMarketCap. If true, that’s a princely—if not laughable—sum, especially during a market crash of such historic proportions that investments and acquisitions in nearly every industry have dried up.

  • According to Bitwise, CoinBene is a 'suspicious' exchange (via Bitwise).
    Bitcoin

    95% of all Bitcoin trades are fake, Bitwise tells SEC

    In a filing to gain approval of an ETF, Bitwise Asset Management proposes tracking 10 ‘honest’ exchanges to alleviate market manipulation concerns

    In an attempt to gain regulatory approval for a Bitcoin exchange traded fund (ETF), Bitwise Asset Management attacked the accuracy of data listed on cryptocurrency tracking site CoinMarketCap.com. The claim came in a study filed with the U.S. Securities and Exchange Commission and made public on March 21.

  • Nasdaq
    Cryptocurrencies

    CoinMarketCap launches cryptocurrency indices on NASDAQ, Bloomberg

    Well-regarded indices key to creating mutual funds, ETFs tracking asset class

    Data provider CoinMarketCap is launching a pair of cryptocurrency benchmark indices on NASDAQ, Bloomberg, and several other market information services, it announced Wednesday in a blog post.