Our Co-Founder & COO, Sukhi Jutla, was recently quoted in AMB Crypto article ‘Binance’s acquisition of CoinMarketCap: More reality check than poppycock?’.
She said: “Binance is a trading platform and they could influence or tinker with trade data on CMC platforms. This would raise issues of trust and whether or not Binance may artificially or overly promote coins that are listed on Binance.”
She added: “This [sale] could be a good way for CZ to expand and lend his personal brand to his new acquisition which could drive even more traffic to both sites and set them both up as the dominant leaders in a market where it can be difficult to ascertain who can be trusted and who is a scam.”
You can read the full article here.
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MarketOrders quoted in AMB Crypto on Binance’s acquisition of CoinMarketCap
