A new report found that over 70% of the top 100 exchanges on CoinMarketCap are engaging in excessive wash trading from three to thousands of times their stated volume. [Note: This is a guest article submitted by researcher Marco Paez] Two-Thirds of 24 Hour Trade Volume May Be Fake It’s been a month since CoinMarketCap (CMC) made changes to the way they post exchange volume stats after being called out by multiple sources for supportingRead MoreThe post Over $6 Billion in Daily Trading Volume Faked Across Top 100 Exchanges appeared first on Bitcoinist.com.
