WASHTRADING
Washtrading
NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
NFT wash trading has surged for the fourth consecutive month, with a total volume of $580 million across the top six marketplaces, according to a report from CoinGecko. The report attributed the rise in volume to the overall recovery of NFT marketplace trading, which reached $1.89 billion in February.
Washtrading
Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation
Coinbit, the third-largest crypto exchange in South Korea, has found itself in trouble with the authorities for alleged arbitrage manipulation of the transaction volume.
Washtrading
CoinMarketCap Puts Wash Traders On Notice With New Metric
CoinMarketCaps new “Liquidity” metric will come down hard on exchanges that harbor wash traders.