The cryptocurrency industry is prone to pump-and-dump schemes for quite some time now. This tends to happen with small-cap altcoins on a regular basis. Things get a lot more confusing when exchanges publicly announce they will pump specific coins as well. It is unclear what YoBit is thinking at this […]
Tag: Fake Volume
Indian Bitbns Exchange Accused of Faking XRP and BTC Trading Volume
There have always been serious concerns as to whether or not cryptocurrency exchanges fake their volume. New research alleges BitBNS – a trading platform in India – has faked a fair amount of volume, and continues to do so on a regular basis. BitBNS Faces Serious Allegations When dealing with […]
More Claims Regarding Exchanges Faking Trading Volume Surface
Even though the cryptocurrency industry is of great interest to a lot of people, it has become evident that there are quite a few concerns to contend with. One of the bigger concerns involves fake trading volume on exchanges. One particular story stands out in this regard, although it needs […]