Market Cap
24h Vol
7054
Cryptocurrencies
82620
Markets
The Daily Hodl
2019-03-24 18:49:11

Binance CEO Explains Why So Many Bitcoin and Crypto Exchanges Are Reportedly Faking Volume

Binance CEO Changpeng Zhao says there’s a simple reason why Bitcoin and crypto exchanges are faking volume. Cryptocurrency index and beta fund provider Bitwise dropped a bombshell report on Wednesday that finds 95% of volume on unregulated crypto exchanges is likely fake. Bitwise is currently seeking approval for a Bitcoin exchange-traded fund proposal, and submitted […]The post Binance CEO Explains Why So Many Bitcoin and Crypto Exchanges Are Reportedly Faking Volume appeared first on The Daily Hodl.