Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
CoinMarketCap's new ranking system gives Binance a perfect score, even after it was criticized for favoring its new owner last month.
CoinMarketCap's new exchange ranking gives its new owner Binance a perfect score. The site's CEO said the decision was in part based on the Twitter "presence and feed" of the exchange's CEO.
CoinGecko has added a cybersecurity metric to its Trust Score. As with rival data site CoinMarketCap, the largest exchange Binance retains pole position.
Binance CEO Changpeng Zhao said his exchange had donated $2.4 million in crypto to buying medical supplies to fight the novel coronavirus outbreak, and plans to donate up to $5 million total.
"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."