CoinMarketCap, a popular cryptocurrency data source, was acquired by Binance, a leading cryptocurrency exchange, in 2020. This acquisition has led to questions regarding the ownership and independence of CoinMarketCap's data and rankings.
5 answers
EthereumEmpress
Wed Nov 20 2024
By 2020, Coinmarketcap had grown significantly in popularity and influence. This led to its acquisition by Binance, one of the largest cryptocurrency exchanges in the world. Despite the acquisition, CMC continues to operate independently.
lucas_lewis_inventor
Wed Nov 20 2024
Coinmarketcap has a rich history dating back to 2013. It was established by Brandon Chez, who envisioned creating a platform that could track the performance of various cryptocurrencies.
KDramaLegend
Tue Nov 19 2024
In 2020, CMC took a significant step forward in promoting cryptocurrency education. It launched an educational rewards program, aimed at incentivizing users to learn more about the industry and its various aspects.
CryptoTitan
Tue Nov 19 2024
Building on the success of its educational rewards program, CMC introduced CMC Alexandria in 2021. This educational portal provides users with comprehensive resources to deepen their understanding of cryptocurrencies and blockchain technology.
OliviaTaylor
Tue Nov 19 2024
BTCC is another prominent player in the cryptocurrency space. It is recognized as a top cryptocurrency exchange, offering a range of services to its users. Among its offerings are spot and futures trading, as well as a wallet service for storing digital assets.