Monday, January 17, 2022

Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings – Exchanges Bitcoin News

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Crypto․com CEO Kris Marszalek has a difficulty with’s change quantity rankings, in keeping with a tweet he printed on December 25. Marszalek claimed in his tweet that the favored crypto aggregation web site “arbitrarily reduced” the change’s rating.

Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings

A latest tweet stemming from the CEO of’s Kris Marszalek signifies the change government is upset with the online portal Marszalek claims that’s change volumes are being misreported and the buying and selling platform’s rating was modified to the 14th place on a whim.

“Merry Christmas to [the] team [at] Coinmarketcap who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14th,” Marszalek tweeted on Christmas day. “We are 2nd/3rd on Coingecko so you guys know where to look for real and market neutral data,” the change CEO added.

According to statistics on,’s change rating is sixteenth on Sunday. However, Coingecko’s spot change metrics point out that’s rating is second in phrases of commerce quantity rankings at present. 24-hour commerce quantity from is $2.8 billion, in keeping with Coingecko stats. Meanwhile, (CMC) metrics present’s quantity is $1.5 billion and down greater than 15%.

Following Marszalek’s tweet, a quantity of individuals responded to his claims. The official Baby Doge staff stated they had been having a tough time getting CMC to confirm the BABYDOGE provide. Coingecko’s co-founder Bobby Ong thanked Marszalek for his praise. “Merry Christmas Kris,” Ong replied. “Thanks for all the support. Have a happy holiday with your family.”

A quantity of different individuals who responded to Marszalek’s tweet stated that it was properly understood that the buying and selling platform Binance owns CMC. “CMC is owned by Binance… I’m not surprised,” one particular person replied to the government’s tweet. “[I] never use CMC since Binance bought them,” one other particular person responded.

Coinmarketcap․com’s Price Feed Gets Wonky on December 14

The information follows CMC’s points on December 14, when individuals had been complaining concerning the website exhibiting value discrepancies. That day, the value of bitcoin (BTC) on CMC was priced at $778 billion per unit and plenty of different coin costs had been fallacious. CMC addressed the state of affairs in a tweet regarding the value irregularities after getting quite a few complaints on social media.

“Following the irregularities we observed on our platform this afternoon,” CMC wrote in response to the complaints, “[and] despite the issue having been fixed, we will be rebooting our servers as a final step in accordance with our internal remediation plan. Apologies for the inconvenience,” the online portal’s staff wrote. Later within the day, CMC jokingly tweeted:

How did it really feel to be a trillionaire for a pair [of] hours?

Tags on this story
Binance, Binance CMC, Bitcoin (BTC), Bobby Ong, CMC, CoinGecko, Coinmarketcap irregularities,,, CEO, government, discrepancies, Exchange Rankings, Kris Marszalek, quite a few complaints, commerce quantity, Twitter

What do you consider the government’s complaints towards CMC’s change rankings? Let us know what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the News Lead at News and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for News concerning the disruptive protocols rising at present.

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