CoinMarketCap Introduces Another Algorithm Update, Binance Remains in Top Spot
Cointelegraph
Published Jun 05, 2020 08:27AM ET
Updated Jun 05, 2020 10:00AM ET
Top crypto data aggregator CoinMarketCap (CMC) has introduced yet another algorithm update following its acquisition deal with Binance, according to a CMC blog post published yesterday.
The data provider, which was purchased for an unspecified sum by Binance in early April, has started adjusting its ranking system soon after the deal took place. As a result, Binance has come on top of its exchange ranking, drawing criticism from the community and other trading platforms.
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Written By: Cointelegraph
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