• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Brazilian Fintech Méliuz Launches $78.6M Bitcoin Share Offering

    Meta Shareholders Reject Bitcoin Treasury Proposal

    Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

    Tether Supports Twenty One Capital’s $100M Bitcoin Acquisition

    BlackRock Denies Alleged Bitcoin Sale Reports

    Czech Justice Minister Resigns Amid $45M Bitcoin Controversy

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    James Wynn Aims for $1B Comeback After $60M Loss

    James Wynn’s $1B Comeback in Crypto Trading

    Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

    Solana Price Faces Decline Amid Market Shifts

    Cardano Faces Critical Support Test Amid Market Volatility

    Cardano Faces Market Uncertainty Over Key Support Levels

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

CoinMarketCap Will Remove Exchanges From Its Platform

Anca F. by Anca F.
May 3, 2019
in Latest News
CoinMarketCap

CoinMarketCap, the popular crypto market tracker, has decided to remove the exchanges that will not provide certain data by June after a report showed that many of them sourced false trading volumes.

According to its blog post, CoinMarketCap has revealed that it will be undertaking six new initiatives in the near future to improve the accuracy of its data. The platform will try to make exchanges provide authentic data as a part of the “data accountability and transparency alliance.” The initiative will also concentrate on developing block explorers, a shop, mobile apps, and a revised plan for APIs.

The transparency initiative was introduced by the team, and they have stated that they will be looking into fake volumes more intently:

“We are paying close attention to the growing discourse surrounding “fake volumes” of exchanges. This is not a trivial problem to solve, as seemingly innocuous decisions can carry unintended consequences. To add to the complexity, we need to be mindful of the numerous use cases for our data – what some deem to be “fake data” is information in and of itself that can yield interesting analyses, and it is important not to throw the baby out with the bathwater.”

The aims of this initiative are to “review, align and enhance” how standards are reported and to “identify gaps, propose strategies and measures to enhance data accountability and transparency” in order to improve the overall user experience:

“DATA seeks to promote greater transparency, accountability, and disclosure from projects in the crypto space. This initiative is underpinned by our belief that the provision of additional data points would: (i) empower our users to make more informed decisions, and (ii) provide a means for projects to differentiate themselves through enhanced disclosures.”

The exchanges that will contribute to CoinMarketCap’s transparency campaign include Binance, Bittrex, OKEx, Huobi, IDEX, and the controversial Bitfinex.

CoinMarketCap is the most used platform for crypto data and prices and it has faced scrutiny after reports revealed that many exchanges were involved in wash trading.

Tags: coinmarketcapcoinmarketcap transparencyfake volumes
Previous Post

QTUM Partners With Google Cloud to Promote Free Development of Dapps and Staking

Next Post

Ripple.Net Welcomes Another Top Payment Provider

Anca F.

Anca F.

Related Posts

Blockchain Life 2025 To Host Global Crypto Leaders in Dubai

by Solomon M.
May 31, 2025

The Blockchain Life 2025 in Dubai anticipates over 15,000 attendees, featuring crypto leaders and regulatory discussions.

Stolen Cetus Funds Secured in Multi-Sig Wallet

by Solomon M.
May 31, 2025

Cetus hack sees $160M in stolen funds frozen and secured in a multi-sig wallet on the Sui network. Coordination efforts...

US Supreme Court Sides with IRS in Coinbase Records Case

by Joshua T.
May 31, 2025

IRS gains Supreme Court backing to access Coinbase user records for tax inquiries.

Coinbase User’s Right to Block IRS Access Denied

by Solomon M.
May 31, 2025

The U.S. government denies Coinbase user James Harper's attempt to block IRS access to his crypto records, citing legal procedure...

Meta Shareholders Reject Bitcoin Treasury Proposal

by Solomon M.
May 31, 2025

Meta shareholders reject proposal to invest in Bitcoin, maintaining a conservative treasury policy.

Crypto Market Faces Bearish Pressure Amid Price Drop

by Solomon M.
May 31, 2025

Bitcoin, Ethereum, Dogecoin, and XRP encounter bearish market sentiment, driving price declines.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.