inflate

Cream Plunges on News That Hack Compensation Will Inflate Token Supply

Cream Plunges on News That Hack Compensation Will Inflate Token Supply

To recompense victims of the attack, Cream said it will issue to certain affected members 1.45 million CREAM tokens from the service’s treasury. While Cream has 9 million coins outstanding, per CoinMarketCap, only 150,000 of those are in circulation. By so rapidly expanding the supply of coins in circulation, it’s bound to affect demand and …

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Leaked documents detail how Coinsquare used automated tools to inflate exchange volume: report

Leaked documents detail how Coinsquare used automated tools to inflate exchange volume: report

Vice’s Motherboard published an article Friday that outlined how Canadian cryptocurrency exchange Coinsquare has allegedly used automated trading software to inflate its trading volumes. According to the report, Motherboard obtained leaked emails, Slack messages and other files. Based on the materials gathered, Coinsquare appeared buying and selling cryptocurrencies between accounts it controlled, an activity known …

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